China bonds

China's bond reform falls short

China’s first local government bonds without central government backing still do not show market forces at work.

Ningxia, one of China's most indebted provinces, has a triple-A rating from Dagong

Jing Song

August 09, 2014

The first local government bonds without central government backing are a positive step but still do not allow enough room for market forces.

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].