When it comes to China bonds, yield-hungry investors are ignoring politics

Biden may have picked up the baton from Trump when it comes to sanctions, but to what extent it will dent the run on China bonds, is another question.

At the end of July, Huawei’s dollar-denominated bonds will be absent from one of the world’s leading indices. Earlier this month J.P. Morgan took the step of excluding the tech titan from some of its most influential investment indices, in line with US sanctions on Chinese tech firms.

US President Joe Biden signed an executive order on 03 June that banned US entities from investing in dozens of Chinese companies with alleged ties to defence or surveillance technology sectors.

The move expanded the scope of Trump-era sanctions which the new Biden administration regards as correct in principle, but not “on legally solid ground”, as one US administration...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 3 article from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Share our publication on social media
Share our publication on social media