China’s bond market is one of the world’s largest. Photo: Reuters
Will licence to operate for US rating agencies equate quick entry into China’s bond market? Far from it
- Expectations are rising that Beijing will accelerate further opening of its financial services sector as part of the trade war negotiations in the next 90 days
- All three global rating agencies have applied to operate independent entities in the mainland
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China economy
China’s bond market is one of the world’s largest. Photo: Reuters