FTSE Group is due to launch its first index tracking China’s onshore bond market today, the latest sign of increasing international appetite to invest in the country’s vast pool of domestic financial assets.
China’s bond market has grown to become the world’s third largest, behind the US and Japan. At the end of last year, outstanding onshore bond debt hit $5.8tn, much issued by the government and its policy banks.
Though still dominated by domestic investors, principally commercial banks, global funds have been gaining more access to the market through China’s twin quota systems, which have been expanded in recent years.
您已阅读23%（627字），剩余77%（2155字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。