In a league of its own: Relentless bond and equity market growth puts China ahead of the rest

Deep Dive into China

The rise of China to global economic and geopolitical prominence has been a long time coming, following centuries of relative economic decline spanning its feudal and Maoist periods.

By virtue of its authoritarian and closed system of government, China's integration into global capital markets has been slower than one might expect from a democracy, although this has accelerated in recent decades and presents opportunities to investors.  Fixed income In recent years, China has become one of the world's largest bond markets, second only to the US. However, global investors remain vastly underinvested in the Chinese bond market relative to its size. The abolition of quota-based access and the ability of foreign investors to access the onshore market directly via Bo...