Andy Mukherjee, Columnist

A $54 Trillion Miss for India

China's inclusion in a global debt index has lessons for its rival.

March 26, 2018 at 2:14 AM UTC

Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services in Asia. Previously, he worked for Reuters, the Straits Times and Bloomberg News.

INDIA-ECONOMY-STOCKS — Photographer: Indranil Mukherjee/AFP/Getty Images

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India has much to learn from the opening of China's onshore bond market.

Last year, Beijing allowed overseas investors to access local-currency securities via its so-called Bond Connect. On Friday, Bloomberg LP announced the inclusion of Chinese government and policy-bank debt in the Bloomberg Barclays Global Aggregate Index.