Kazakhstan's first offshore renminbi bond makes little financial sense but might go some way to repairing the suspicion built up of Belt and Road Initiatives in the country.
Wang, who joins from Citibank, will lead MUFG China’s non-Japanese client coverage teams for its corporate banking portfolio, comprising local and global corporates, Chinese SOEs and financial institutional clients.
China’s economy will not crash but property and local government debt challenges are undermining a country whose GDP is still growing at around 5% a year.
AllianceBernstein's Brad Gibson, CLP Holdings' Francis Ho and APG's Gregory Suen discussed investor appetite, greenwashing and taxonomies at FA's China Fixed Income Summit.
Former Agricultural Bank of China president Zhao Huan will assume the top role in the policy bank and help manage its ever-increasing assets and loans.