China’s bond market is expanding rapidly. Most bond issuers have noticed the change ever since the government liberalised its regulations in June.
As a multilateral bank owned by Brazil, Russia, India, China and South Africa, New Development Bank NDB is just one of the lenders to have noticed Beijing's committment to open up the capital markets.
“The further globalisation of China's capital markets is a core agenda for China’s next phase of reform,” Leslie Maasdorp, vice president and chief financial officer, told FinanceAsia in an exclusive interview.
The issuance of green bonds stands out as the structure to watch. China has...
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