China's bond reforms to encourage scrutiny, foreign buying
The country has adopted new measures over local bond issuance and credit ratings. These may have little impact on defaults but could increase the participation of foreign investors.

In the wake of its largest number of defaults ever in the first two months of this year, experts believe that new regulations could strengthen foreign investor confidence in China's $18.2 trillion onshore bond market and eventually promote better analysis, particularly from international credit rating agencies that are currently afterthoughts in the local market.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to AsianInvestor
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
¬ Haymarket Media Limited. All rights reserved.