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Why China’s investment appeal is so perilous

The opening of China's interbank bond market to foreign asset owners offers unprecedented investment opportunities. Unfortunately these are counterbalanced by equally high risks.
Why China’s investment appeal is so perilous

For yield-starved global asset owners, China's opening of its interbank bond market appears a very appetising development. This is, after all, a country that has a benchmark one-year lending rate of 4.35%.

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