Foreigners can issue Renminbi bonds, but won't

Author: | Published: 19 Dec 2007

Good and bad news for counsel in China. Foreign companies will be able to issue Renminbi-denominated bonds; but it's unlikely they will bother, with the regulatory regime still not clear.

At the Strategic Economic Dialogue between China and the US last week, the PRC government announced, amongst other things, that it would allow foreign investors in China to list on local stock markets and...