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Published Work
Opportunities for foreign investors to participate in China's onshore markets have exploded as major benchmark providers add the country to their global indices. Many investors are taking a close look at the country's capital markets for the first time. From outside of China, the view can be perplexing-both familiar and strange. While the markets superficially resemble their global counterparts, the institutions and conventions that underpin them have their own unique character. This paper provides a practical guide for understanding and navigating China's onshore corporate-bond market and its evolving regulatory and legal landscape.
Every investor is thinking about China, but most don't have a specific plan for it. The Asian giant is already a dominant power in its region, in emerging markets and in the world. Recent equity weakness doesn't change the long-term view: The China opportunity will continue to grow.
In our many travels through China to explore the changing market landscape, we've discovered countless companies and industries that are jumping ahead of the West. These leapfroggers are creating exciting opportunities for investors as China's equity and debt markets open to the world.