Bond caution comes back to bite China
The country has consistently neglected evolving its debt markets, which could cause some major problems as it is seeking now to scale up the level of local bond issuance to support its stimulus plan objectives.
As Beijing seeks to source the huge stimulus package it has committed to in its fiscal spending plan, China’s bond market is sure to witness a huge array of new deals.
The government’s spending plans is good news for the many corporates hoping to raise funds, in particular ...Already a subscriber? Login
Further Reading
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Corp
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Bonds
ADB readies long-awaited Panda return
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Bonds
QNB taps CNH liquidity for Rmb1.5bn bond
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Regulation & Policy
China policy and markets round-up: Beijing sanctions former Trump officials, PBoC tightens grip on non-bank payment market, profit growth slows at central SOEs