Rating agency Moody’s says offshore renminbi bonds will be marginalised by the imminent China-Hong Kong trading link. Andy Seaman of Stratton Street Capital disagrees.
Tag : andy seaman
The opening up of China's bond market to foreign investors will attract huge inflows, depriving poorer countries of funding as a result, argues Stratton Street's Andy Seaman.
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The nation has had a current account deficit for 30 years, government bond yields have fallen and its banking system is big relative to GDP, notes Andy Seaman of Stratton Street.
