Home MARKETS Currencies Markets eye key China meeting as Xi consolidates

Markets eye key China meeting as Xi consolidates


Chinese capital market bankers will be keeping a close eye on a crucial meeting of the country’s Communist Party next week, as China’s president, Xi Jinping, attempts to consolidate his power. Although analysts and economists admit it is hard to read the tea leaves, most think the country’s financial market reform efforts are going to gather pace in the next five years. Paolo Danese reports.

Chinese bond issuers remained busy this week, despite some perceptions of a slowdown. Bank of Zhengzhou, which sold a $1.19bn AT1, was among those that closed live deals, while a handful of private companies hit the road to pitch bonds. But debt bankers say much of their potential

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