China is becoming less optional for investors. Debt from the Chinese government and key state banks is set to join the Bloomberg Barclays Global Aggregate, an influential bond index, in April. That follows similar moves to introduce shares listed in Shanghai and Shenzhen to MSCI and FTSE Russell stock indexes. Here’s what investors need to know. China Could Soon Be Home to the World’s Second-Largest Bond MarketA borrowing boom means China’s debt market has grown to $12.42 trillion from $2.13 trillion in a decade, Bank for...
Source: Wall Street Journal March 24, 2019 12:00 UTC