Investors warn of RMB bond market concerns

Despite recent moves by China’s central bank to slow renminbi appreciation, and the emergence of the first ever default in the country’s bond market, investors seem to be queuing up to buy mainland debt. Fixed income experts outlined some of their concerns, while recognising the market’s potential, at the Investors and Borrowers Forum last week hosted by AsianInvestor and FinanceAsia in Hong Kong. For one thing, the trend of RMB appreciation has reversed recently as the People’s…