THE PEOPLE'S Republic of China will next week attempt to overcome investor doubts and reopen the market for credits from the country -- and the wider Asian region. Exclusively revealed by Euroweek last week, the prospective $500m+ Yankee bond is set to be roadshowed in Hong Kong on Monday. Bankers said the republic, and joint bookrunners Credit Suisse First Boston and Goldman Sachs, are likely to tread carefully, particularly after last month's default by Guandong International Trust and Investment Corp (Gitic).
November 27, 1998