China bond market development 'a must' for RMB progress, says Gao

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China bond market development 'a must' for RMB progress, says Gao

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Development of China's domestic bond market is a key step for the internationalisation of the renminbi, according to Gao Jian, former vice governor of China Development Bank, speaking at Euromoney's China Debt Capital Markets Summit 2015 in Beijing on Tuesday.

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