TOKYO/SHANGHAI-- Foreign issuers have hit the brakes on offerings of yuan-denominated bonds in China this year in a sign of heightened caution over investing in Asia's largest economy.
Issuances fall by half from last year as zero-COVID policy creates uncertainty
Shanghai has emerged from its coronavirus lockdown, but the government's hard-line zero-COVID containment policy hangs over the economic outlook. © Reuters
TOKYO/SHANGHAI-- Foreign issuers have hit the brakes on offerings of yuan-denominated bonds in China this year in a sign of heightened caution over investing in Asia's largest economy.