Enthusiastic response to China's sovereign bond issuance in Luxembourg
Lai Suetyi, an associate professor at the Center for European Studies at Guangdong University of Foreign Studies, emphasized that investor response reflects strong confidence in China, despite political rhetoric in Europe.
"Both the sale of China's US-dollar-denominated bond earlier this month in Hong Kong and today's issuance of euro-denominated bond in Luxembourg are being received well by the international investors," Lai said
"It is a vote of confidence from the international investors in China's economic prospects and creditworthiness."
Lai also noted that the choice of Luxembourg supports not only the euro and China-Europe engagement, but also "the Grand Duchy as a leading financial hub in Europe, as well as Europe's multiple financial center system".
