The Future of China's Bond Market (Chinese Edition)

Chinas bond market is destined to play an increasingly important role, both at home and abroad. And the inclusion of the countrys bonds in global indexes will be a milestone for its financial market integration, bringing big opportunities as well as challenges for policymakers and investors alike. This calls for a good understanding of Chinas bond market structure, its unique characteristics, and areas where reforms are needed. This volume comprehensively analyzes the different segments of Chinas bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market. It also covers bond futures, green bonds, and asset-backed securities, as well as Chinas offshore market, which has played a major role in onshore market development.