China Begins Opening Up $9 Trillion Bond Market

China, the world's third-largest bond market accounting for $9 trillion in debt instruments, has started the process of opening up to foreign investors. Two major investment banks, including Citigroup, have announced plans to join the fray and several others are expectantly watching the unfolding situation. It's not a sudden desire to liberalize, but pressure from shrinking foreign capital inflows and expanding outflows that has motivated Beijing's communist leaders into this...

© La Voix de l'Amérique - lundi 20 mars 2017