Pakistan is set to tap into China's vast capital markets in 2025 by issuing Panda bonds, according to Muhammad Aurangzeb, Pakistan's finance minister. Speaking with CGTN's Guan Xin at Davos 2025, Aurangzeb highlighted the significance of accessing China's financial resources.
\\"China is the second largest and deepest capital market in the world, and Pakistan is keen to tap into the Chinese capital markets through Panda bonds,\\" Aurangzeb said. \\"We see 2025 as a fantastic opportunity.\\"
The move underscores Pakistan's strategic effort to strengthen economic ties with China and leverage the opportunities offered by the Chinese mainland's robust financial sector. By issuing Panda bonds—bonds denominated in renminbi by foreign entities in China—Pakistan aims to diversify its funding sources and attract Chinese investors.
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2025 a fantastic opportunity to tap into China's capital markets
cgtn.com
