China Revives Free-Trade-Zone Bond Market After Crackdown
The Shanghai free-trade zone’s bond market had its first pricing by a nonfinancial firm since Chinese authorities clamped down on excessive borrowing by local governments in late 2023.
<p>The Shanghai free-trade zone’s bond market had its first pricing by a nonfinancial firm since Chinese authorities clamped down on excessive borrowing by local governments in late 2023.</p>