China improves foreign market access to domestic bond market

ETJ

ETJ

China improves foreign market access to domestic bond market
By Reuters Staff

1 MIN READ

SHANGHAI, April 17 (Reuters) - The operator of China’s foreign exchange market said on Monday it would allow more foreign institutional and central bank-type investors to apply for membership and participate in spot and derivative trading in the interbank market.

The China Foreign Exchange Trade System (CFETS) said overseas institutions that directly invest in the Chinese bond market via multiple custodians and settlement agencies could apply to become CFETS members.

Reporting by Shanghai newsroom
 
The problem with China's financial markets is not the inability to get in; it's the impossibility to get out with the funds once you've made a profit there. They can come up with all kinds of rules and regulations and procedures and processes and red tape and whatever to not allow you to withdraw your profit out of accounts in China.
 
TheDawn said:
The problem with China's financial markets is not the inability to get in; it's the impossibility to get out with the funds once you've made a profit there. They can come up with all kinds of rules and regulations and procedures and processes and red tape and whatever to not allow you to withdraw your profit out of accounts in China.
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There are some China products (eg Shanghai INE copper, crude oil ....)
where you can trade through foreign (non-Chinese) brokers.


So in this case, you don't have to worry about the fund's problem.

I definitely don't want to put my funds in China.
 
mervyn said:
They want long term capital, not short term hot money.
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That's not going to happen now that the cat's out of the bag with regards to their real intention toward the world and their attitude toward people who are different or disagree with them. LOL
 
TheDawn said:
That's not going to happen now that the cat's out of the bag with regards to their real intention toward the world and their attitude toward people who are different or disagree with them. LOL
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BASF and VW would disagree. Soros kind is out for sure.
 
mervyn said:
BASF and VW would disagree. Soros kind is out for sure.
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When you agree with them of course. China treats people who agree with it very well but one thing though you have to always agree with China on everything forever without reservation and never change your mind no matter what happens even when things change. Because as soon as you show your disagreement, this is when you see something different. LOL

But then again China doesn't really need long-term capital. What it needs is machines, lots and lots and lots and lots of them to do work, to build things to conquer the world. LOL China's already got plenty of that and it's developing robotic technology to have even more machines in the future. Once it has such massive amount of machines, it won't need long-term capital. The whole world is China's.
 
TheDawn said:
When you agree with them of course. China treats people who agree with it very well but one thing though you have to always agree with China on everything forever without reservation and never change your mind no matter what happens even when things change. Because as soon as you show your disagreement, this is when you see something different. LOL

But then again China doesn't really need long-term capital. What it needs is machines, lots and lots and lots and lots of them to do work, to build things to conquer the world. LOL China's already got plenty of that and it's developing robotic technology to have even more machines in the future. Once it has such massive amount of machines, it won't need long-term capital. The whole world is China's.
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no no no. we live in an interesting time to see the shift of sands. i suggest you go back and read tom friedman’s book, which pitched globalization and the entire world bought it, but he is too naive to believe an empire can live forever, namely the united states.

fast forward to today’s news, ping an insurance group proposal to spin off hsbc asia business, the game is on after hsbc sold out huawai information to us government. the chinese could have shut down its business. after all, hsbc started as drug money business. but no, they keep buying hsbc shares to become hsbc largest shareholder, doing a capitalist would do. now you might say ping an insurance is a chinese government owned. but no, its largest shareholder is charoen pokphand group, thailand largest private company owned by thai royal family. this ready like medieval jewish banking story but it is happening. thailand is never colonized by the brits so the royal family don’t care what the brits think.
 
ETJ said:
China improves foreign market access to domestic bond market
By Reuters Staff

1 MIN READ

SHANGHAI, April 17 (Reuters) - The operator of China’s foreign exchange market said on Monday it would allow more foreign institutional and central bank-type investors to apply for membership and participate in spot and derivative trading in the interbank market.

The China Foreign Exchange Trade System (CFETS) said overseas institutions that directly invest in the Chinese bond market via multiple custodians and settlement agencies could apply to become CFETS members.

Reporting by Shanghai newsroom
More...

CNY, HKD and JPY will definitely replace the USD as the worlds reserve currency well within 10 years. America is quickly becoming what Germany was to the global markets in the 1920s
 
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