The Chinese Bond Market: Historical Lessons, Present Challenges and Future Perspectives
This study reviews historical lessons, depicts present challenges, and discusses future perspectives of Chinese bond market. Historical lessons on sovereign right concession and market tumult lead to a quite cautious approach towards the bond market. The legal background, and political considerations also played an important role in shaping bond market during the past two decades. Given the increasing demand for financing in China these days, the bond market is expected to enjoy some rapid growth in the coming decade and we discuss some areas with particular potentials and the challenges facing the development.
|Date of creation:||11 Jun 2007|
|Date of revision:||21 Sep 2009|
|Contact details of provider:|| Web page: http://icf.som.yale.edu/|
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- Jacob Gyntelberg & Guonan Ma & Eli Remolona, 2006. "Developing corporate bond markets in Asia," BIS Papers chapters, in: Bank for International Settlements (ed.), Developing corporate bond markets in Asia, volume 26, pages 13-21 Bank for International Settlements.
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