China bond market stymied by index and ratings deficits
Foreign investor interest in the world's third-biggest bond market is growing. But that interest is capped until China develops a reliable credit market and is included in benchmark indices.
Interest in the $9 trillion-plus Chinese onshore bond market is building but it's still early days for foreign investors. In the second of our two-part series, we look at other factors holding back international demand, in addition to currency-related concerns—namely, bond indexes and credit ratings.
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