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This book analyzes segments of China's bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market.
Author(s): W. Raphael Lam , Markus Rodlauer , and Alfred Schipke
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 14 January 2017
Keywords: Economic reforms, reforms, economic success, growth model, policy frameworks, markets, market economy, soft infrastructure, institutions, rebalancing
China is the world’s leading trading nation. Yet, remarkably, it is much less well integrated with the global financial system, and the country’s extensive controls on international capital flows are an impo...