Foreign interest in local China bonds seen growing

Growing China-US trade tensions and the increased number of defaults among Chinese companies and Local Government Financing Vehicles (LGFVs) will not put an end to foreign investment in China’s bond market, which has barely begun to scratch the surface. If anything, it can only grow, say regional economists and credit market experts, as international funds are drawn to China by increased issuance, favourable policies and the onshore market's inclusion in key global benchmarks. A…