Market Views: Clearing the China bond hedging hurdle

With overseas holdings estimated to account for around 4% of the $13 trillion Chinese onshore bond market, it is hard to resist the idea that there is a potential tsunami of investment capital beyond China's shores waiting to make landfall. Pressure is certainly building. For all the froth, the fact remains: global index providers are pressing ahead with plans to include Chinese onshore bonds in their benchmarks, in spite of the US trade tensions gnawing away at Chinese growth and…