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New China bond market rules more flexible than expected

Toby Yiu
The Chinese authorities have moved to address outstanding investor concerns over access to the mainland interbank bond market by issuing guidance and rules on capital remittance.
New China bond market rules more flexible than expected

New guidance and rules for accessing China’s interbank bond market (CIBM) have surprised market participants by their level of flexibility, but further clarification is still sought in respect of tax arrangements.

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