Foreign banks face uphill battle in underwriting Chinese domestic bonds
International banks will finally be allowed to obtain a fully-fledged bond underwriting licence in China’s interbank bond market, giving a boost to their ambitions to expand in the mainland. But they will have to meet some very high standards before they can make progress. Rebecca Feng reports.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts