China’s Shanghai Clearing House (SHCH) is spearheading efforts to boost international sales of domestic bonds by expanding the offshore yuan pool. SHCH chief Ma Jianyang highlighted that this initiative aims to strengthen Shanghai’s position in offshore yuan derivatives clearing while safeguarding the local market from cross-border financial risks. As part of this strategy, SHCH will enhance its clearing services for offshore yuan bonds, interest rates, and foreign exchange products to assist foreign investors in managing risk.
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