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Finance

US rush for China state bond sale paves way for more borrowers

Investor appetite for Chinese debt defies Trump's decoupling threats

Chinese bonds are attractive to U.S. investors seeking higher returns. (Source photos by Tsuyoshi Tamehiro and Reuters)
NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent | China

HONG KONG -- China's first direct bond sale in the U.S. has received bumper demand, spurring expectations that more high-graded Chinese borrowers will tap the world's largest bond market in spite of President Donald Trump's decoupling threats.

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