The renminbi bond markets are undergoing a dramatic transformation. As China continues with the gradual internationalisation of the currency, many foreign investors and issuers are getting their first chance to participate in the onshore renminbi market. The arrival of Bond Connect in July has opened the world’s third-biggest debt market to the broadest possible range of investors, allowing funds to participate through their existing infrastructure even if they have no physical presence in mainland China, no foreign investor quotas and no...Read more