Investors from Mainland China and overseas were able to trade in each other's bond markets thru
#BondConnect Central Bank of
#China has asked some domestic banks to scale back their outward investments through
#BondConnect scheme
What does it mean?
What has happened is that the
#Yuan started to fall against US Dollar and Chinese went crazy and started buying
#Yuans offshore to avoid a outflow of capital.
It won't do you any good now.
Look at the chart.
This is going to be fucking painful.