BREEDING PANDAS IN EUROPE.

The article discusses how European borrowers are considering investments in the China's domestic bond market, which ranks as the third largest in the world. The market is rapidly growing partly due to renminbi's growing internationalisation and its increasing use in global trade payments. Manny Chohhan, Haitong's head of capital markets, says the Chinese market has become a regular for borrowers as it gives them options to build out a yield curve.