The AsianInvestorFinanceAsia “RMB Rising” 2011 conference, which was held at the Grand Hyatt in Singapore on Tuesday this week, reflected the sway that China's internationalisation story particularly pertaining to its bond market and its currency holds over investors, companies and banks.
The well-attended, half-day event drew more than 100 delegates and speakers, including representatives from multinational companies such as Walt Disney and Dow Chemical. Notably, most of them stuck around throughout the event, instead of disappearing after the coffee break.
This was no doubt testament to the widespread interest that China generates. For the past few months, the offshore renminbi bond market, or the “dim sum” market as it is...
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