China’s growing use of international debt has been the single-most important story of the past three years in the Asian capital markets.
IFR Asia China Corporate Funding Roundtable 2014: Roundtable participants
IFR: Welcome. The outlook for China’s corporate sector in the international bond markets is on everyone’s mind after a surge of offshore debt issuance from China over the last couple of years. So to kick things off, what’s behind that trend, and is it going to continue?
IFR: It’s all part of trying to reduce this structural subordination for a company that has most of its assets onshore and is borrowing offshore.