China's Bond Link Faces Familiar Hurdles for Wary Foreigners
- Capital curbs, yuan control, thin trading flagged as issues
- ‘Very few’ overseas investors will take part at start: E Fund
Anxiety Over China's New Bond Link
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China is about to broaden foreign access to its $10 trillion debt market -- but international investors are likely to be wary.
The bond connect with Hong Kong is in the final stages of preparation, Charles Li, chief of the city’s bourse operator, said on Monday. Overseas money managers own less than 2 percent of Chinese debt, leaving plenty of scope for increased inflows.