LatAm Borrowers Could See China Option

LatAm Borrowers Could See China Option

Asia

Once China tackles its currency and liberalizes capital flows it might become a tempting place for LatAm borrowers, since local currency borrowing will provide some hedge for commodity exporters, says Michael Pettis, professor of finance at Guanghua school of management at Peking University in Beijing. “China’s bond and stock markets are still rudimentary although a lot of progress has been made in their development,” Pettis tells LatinFinance. “Both are growing in importance as a source of fund

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