The Lujiazui Financial and Trade Zone of Pudong in Shanghai. Photo: Xinhua
Can China’s bond inclusion on the Bloomberg Barclays Global Aggregate Index save its slowing economy?
- Chinese government and policy bank bonds will be added to the index for the first time on Monday, a move analysts say could be worth US$150 billion
- China is in the process of opening up its markets to foreign investors, a move reiterated by Premier Li Keqiang at the Boao Forum for Asia last week in Hainan
The Lujiazui Financial and Trade Zone of Pudong in Shanghai. Photo: Xinhua