Logo 26 Sep 2022

Building better bonds

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

The central bank (PBoC) wants a bigger, better bond market.

In a report published Friday, the agency laid out its key priorities for developing the onshore debt capital system.

Some context: At just over RMB 140 trillion, China's bond market is the world’s second largest.

It's 40% the size...