Project finance held back despite infrastructure needs
Risk aversion, limited liquidity and capital controls are limiting renminbi project finance. However, the People’s Bank of China is drafting guidelines to clarify remittance eligibility and procedure which should help bond issuers and allow for more short term project finance. Rachel Evans 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