Deutsche Bank AG sees China expanding its panda bond market to about 100 billion yuan ($16 billion) over five years, as President Xi Jinping promotes the yuan’s challenge to the dollar’s supremacy....
“Capital account liberalization will accelerate,” said Liu. “We will see more foreign investors coming in. We will see more market opening for foreign issuers.”....Bloomberg
Yuan Taking on Dollar Set to Forge $16 Billion Panda Bond Market
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