Chinese treasurers and CFOs looking to raise debt should be pleasantly surprised to find out that foreign investors are clamouring to get hold of it, despite reservations about the infrastructure supporting the relatively new market.
According to new findings by FinanceAsia, 45% of fixed income institutional investors located outside of China plan to increase their exposure to China-issued debt in the next 12 months. In stark contrast, only 1% admitted they intend to reduce their exposure, while the remainder of investors with exposure to the market plan to maintain their current levels.
A total of 178 fixed income investors were surveyed for ...