Bond market buildout could kill QFII and CNH

China's efforts to liberalise its bond markets along with its capital account have made funding cheaper for local companies but also raise risk and credit rating questions.

China’s efforts to liberalise its bond market could spell the end of the country's qualified foreign institutional investor programmes and of the offshore renminbi bond market too, speakers predicted at FinanceAsia’s 7th annual Borrowers & Investors Forum in Hong Kong on Wednesday.

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