Why foreign investors still face China bond roadblocks

China may have made it easier for foreign investors to access its interbank bond market with the launch of its Bond Connect scheme, but many remain frustrated about settlement issues and a lack of connectivity between onshore and offshore repo markets, an industry conference heard on Tuesday. Introduced in July last year, Bond Connect allows foreign investors to trade Chinese bonds without setting up an onshore account.  However, those trades are settled on a delivery-against-pa…