China Debt Markets Urged to Make Radical Reforms – FT

Asset managers have urged China to implement radical debt market reforms, such as overhauling the rules on defaults, the Financial Times reported.

About $35 billion in yuan-denominated bonds were sold in the first four months of this year, but traders fear outflows could increase if the market is not subjected to far-reaching changes.

Read the full report: Financial Times.

READ MORE:

China a Step Closer to Unifying $20tn Bond Market – Caixin

Emerging East Asia Bond Markets Grow 3.4% In Third Quarter

China’s debt market contradiction will be a high-stakes game

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

You Might also Like

Unexpected Slump In China's Industry Dampens Recovery Hopes

China’s New Home Prices Rise at Quickest Pace in 21 Months

China Developer Sunac Posts $2 Billion 2022 Core Loss

No Cheer for Evergrande's Long-Awaited Dollar Debt Revamp Plan