Financial liberalisation

Offshore financial institutions now more hopeful of access to China’s bond futures

A new pilot scheme to allow Chinese banks to trade government bond futures is a very healthy step in the right direction towards fully liberalising the market and allowing foreign investors to finally tap it, experts believe.

Market observers are hopeful offshore financial institutions will soon be granted access to China’s bond futures market, a move that would see liquidity in the hemmed off market increase dramatically.

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