China leasing bonds: strength in numbers

China's leasing companies have made the most of their easier access to the dollar bond market. Perhaps surprisingly, they are stronger for it.

Chinese leasing companies have made the most of easier access to the dollar bond market. Perhaps surprisingly, they are stronger for it, which is reassuring given the sector's astounding growth.

Bankers and investors that keep a close eye on China quickly get used to reeling off an array of mind-boggling numbers. Take the $30 trillion-worth of assets held by the country’s banks or the country's foreign currency reserves, which are still worth around $3.2 trillion, despite a sharp recent drop.

The economy is also more than 100 times bigger than it was 50 years ago and almost five times bigger than a decade ago.

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