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The Future of China's Bond Market: Excerpt

The Future of China's Bond Market: Excerpt
Author: Alfred Schipke
Publisher: International Monetary Fund
Total Pages: 50
Release: 2021-07-14
Genre:
ISBN: 1513584928

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China's bond market is destined to play an increasingly important role, both at home and abroad. And the inclusion of the country's bonds in global indexes will be a milestone for its financial market integration, bringing big opportunities as well as challenges for policymakers and investors alike. This calls for a good understanding of China's bond market structure, its unique characteristics, and areas where reforms are needed. This volume comprehensively analyzes the different segments of China's bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market. It also covers bond futures, green bonds, and asset-backed securities, as well as China's offshore market, which has played a major role in onshore market development.


The Future of China's Bond Market

The Future of China's Bond Market
Author: Mr.Alfred Schipke
Publisher: International Monetary Fund
Total Pages: 440
Release: 2019-03-13
Genre: Business & Economics
ISBN: 148437214X

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China’s bond market is destined to play an increasingly important role, both at home and abroad. And the inclusion of the country’s bonds in global indexes will be a milestone for its financial market integration, bringing big opportunities as well as challenges for policymakers and investors alike. This calls for a good understanding of China’s bond market structure, its unique characteristics, and areas where reforms are needed. This volume comprehensively analyzes the different segments of China’s bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market. It also covers bond futures, green bonds, and asset-backed securities, as well as China’s offshore market, which has played a major role in onshore market development.


Excerpt

Excerpt
Author: Mr. Markus Rodlauer
Publisher:
Total Pages:
Release: 2019
Genre:
ISBN:

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The Future of China's Bond Market

The Future of China's Bond Market
Author: Mr. Alfred Schipke
Publisher: International Monetary Fund
Total Pages: 52
Release: 2019-03-13
Genre: Business & Economics
ISBN: 151358278X

Download The Future of China's Bond Market Book in PDF, ePub and Kindle

China’s bond market is destined to play an increasingly important role, both at home and abroad. And the inclusion of the country’s bonds in global indexes will be a milestone for its financial market integration, bringing big opportunities as well as challenges for policymakers and investors alike. This calls for a good understanding of China’s bond market structure, its unique characteristics, and areas where reforms are needed. This volume comprehensively analyzes the different segments of China’s bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market. It also covers bond futures, green bonds, and asset-backed securities, as well as China’s offshore market, which has played a major role in onshore market development.


Author:
Publisher: International Monetary Fund
Total Pages:
Release:
Genre:
ISBN: 1513583441

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The Future of Mobility

The Future of Mobility
Author: Liisa Ecola
Publisher: Rand Corporation
Total Pages: 119
Release: 2015-07
Genre: History
ISBN: 0833090356

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Researchers developed two scenarios to envision the future of mobility in China in 2030. Economic growth, the presence of constraints on vehicle ownership and driving, and environmental conditions differentiate the scenarios. By making potential long-term mobility futures more vivid, the team sought to help decisionmakers at different levels of government and in the private sector better anticipate and prepare for change.


China's Financial System

China's Financial System
Author: Franklin Allen
Publisher:
Total Pages: 140
Release: 2015-11-18
Genre: Business & Economics
ISBN: 9781680830606

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Provides a review of China's financial system and compares it to other financial systems. It reviews what has worked and what has not within the markets and intermediaries in China, the effects of the recent development of China's financial system on the economy, and a non-standard financial sector operating beyond the markets and banking sectors.


China's Great Wall of Debt

China's Great Wall of Debt
Author: Dinny McMahon
Publisher: HarperCollins
Total Pages: 285
Release: 2018-03-13
Genre: Business & Economics
ISBN: 1328846024

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A stunning inside look at how and why the foundations upon which China has built the world’s second largest economy, have started to crumble. Over the course of a decade spent reporting in China as a financial journalist, Dinny McMahon came to the conclusion that the widely held belief in China’s inevitable economic ascent is dangerously wrong. In this unprecedented deep dive, McMahon shows how, lurking behind the illusion of prosperity, China’s economic growth has been built on a staggering mountain of debt. While stories of newly built but empty cities, white elephant state projects, and a byzantine shadow banking system have all become a regular fixture in the press, McMahon goes beyond the headlines to explain how such waste has been allowed to flourish, and why one of the most powerful governments in the world has been at a loss to stop it. Through the stories of ordinary Chinese citizens, McMahon tries to make sense of the unique—and often bizarre—mechanics of the nation’s economy, whether it be the state’s addiction to appropriating land from poor farmers; or why a Chinese entrepreneur decided it was cheaper to move his yarn factory to South Carolina; or why ambitious Chinese mayors build ghost cities; or why the Chinese bureaucracy was able to stare down Beijing’s attempts to break up the state’s pointless monopoly over table salt distribution. Debt, entrenched vested interests, a frenzy of speculation, and an aging population are all pushing China toward an economic reckoning. China’s Great Wall of Debt unravels an incredibly complex and opaque economy, one whose fortunes—for better or worse—will shape the globe like never before.


China's Wings

China's Wings
Author: Gregory Crouch
Publisher: Bantam
Total Pages: 545
Release: 2012-02-28
Genre: History
ISBN: 034553235X

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From the acclaimed author of Enduring Patagonia comes a dazzling tale of aerial adventure set against the roiling backdrop of war in Asia. The incredible real-life saga of the flying band of brothers who opened the skies over China in the years leading up to World War II—and boldly safeguarded them during that conflict—China’s Wings is one of the most exhilarating untold chapters in the annals of flight. At the center of the maelstrom is the book’s courtly, laconic protagonist, American aviation executive William Langhorne Bond. In search of adventure, he arrives in Nationalist China in 1931, charged with turning around the turbulent nation’s flagging airline business, the China National Aviation Corporation (CNAC). The mission will take him to the wild and lawless frontiers of commercial aviation: into cockpits with daredevil pilots flying—sometimes literally—on a wing and a prayer; into the dangerous maze of Chinese politics, where scheming warlords and volatile military officers jockey for advantage; and into the boardrooms, backrooms, and corridors of power inhabited by such outsized figures as Generalissimo and Madame Chiang Kai-shek; President Franklin Delano Roosevelt; foreign minister T. V. Soong; Generals Arnold, Stilwell, and Marshall; and legendary Pan American Airways founder Juan Trippe. With the outbreak of full-scale war in 1941, Bond and CNAC are transformed from uneasy spectators to active participants in the struggle against Axis imperialism. Drawing on meticulous research, primary sources, and extensive personal interviews with participants, Gregory Crouch offers harrowing accounts of brutal bombing runs and heroic evacuations, as the fight to keep one airline flying becomes part of the larger struggle for China’s survival. He plunges us into a world of perilous night flights, emergency water landings, and the constant threat of predatory Japanese warplanes. When Japanese forces capture Burma and blockade China’s only overland supply route, Bond and his pilots must battle shortages of airplanes, personnel, and spare parts to airlift supplies over an untried five-hundred-mile-long aerial gauntlet high above the Himalayas—the infamous “Hump”—pioneering one of the most celebrated endeavors in aviation history. A hero’s-eye view of history in the grand tradition of Lynne Olson’s Citizens of London, China’s Wings takes readers on a mesmerizing journey to a time and place that reshaped the modern world.


The Souls of China

The Souls of China
Author: Ian Johnson
Publisher: Pantheon
Total Pages: 480
Release: 2017
Genre: History
ISBN: 1101870052

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From the Pulitzer Prize winning journalist: a revelatory portrait of religion in China today, its history, the spiritual traditions of its Eastern and Western faiths, and the ways in which it is influencing China's future. Following a century of violent antireligious campaigns, China is now awash with new temples, churches, and mosques as well as cults, sects, and politicians trying to harness religion for their own ends. Driving this explosion of faith is uncertainty over what it means to be Chinese, and how to live an ethical life in a country that discarded traditional morality a century ago and is still searching for new guideposts. Ian Johnson lived for extended periods with underground church members, rural Daoists, and Buddhist pilgrims. He has distilled these experiences into a cycle of festivals, births, deaths, detentions, and struggle a great awakening of faith that is shaping the soul of the world s newest superpower. (With black-and-white illustrations throughout).