China moves to make $13 tril domestic bond market more global

HONG KONG (March 13): Citigroup said Tuesday it will include onshore Chinese debt in some of its gauges, while the central bank pledged to create a "more convenient and friendly environment" for foreign investors.

This follows a recent measure to allow currency hedging for bonds, a move seen as one of many efforts needed to lower barriers.

The world's third-largest debt market needs the money, with investors still smarting from the biggest slump in six years in January.

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