What's next for China's offshore renminbi market
April 11, 2013 | BY
clpstaffThe landmark three-year bond from China Minmetals last month highlights China's developing offshore renminbi market, but SOEs still have to contend with strict registration requirements from SAFE
Chinese state-owned enterprise (SOE) China Minmetals last month issued the largest single-tranche offshore renminbi bond among state-approved issuers. Here's how these issuances have evolved since Baosteel's first offshore renminbi bond.