Chinese Bond Market and Interbank Market

By Marlene AmstadZhiguo He
The Handbook of China's Financial System (Eds. Marlene Amstad, Guofeng Sun, and Wei Xiong)
Princeton University Press
Princeton, Oxford
 2019
Finance
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Over the past twenty years, especially the past decade, China has taken enormous strides to develop its bond market as an integral step of financial reform, along with its tremendous effort in interest rate liberalization and internalization of its currency RMB.