China's $8 Trillion Bond Treasure Spurs Global Funds to Hire
- BlackRock has hired for local credit research in China
- ‘Game of managing’ yuan fixed income moving onshore: Z-Ben
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Speculation that China’s 56.3 trillion yuan ($8.2 trillion) bond market is about to go more global is spurring investment funds to hire in the nation.
A central bank official said at the end of last year that China will create conditions for the inclusion of yuan debt in global indexes. BlackRock Inc. has said inclusion could be announced in 2017, and that the firm has hired for credit research in the nation. Invesco Ltd. says such a development may come in the next 12 months, and also aims to expand in the country.