China Development Bank is the core policy bank in China. It has more than Rmb 6tn ($984bn) in assets, is wholly owned by the state and is as good for its money as the government itself. So when CDB is forced to cut the size of a proposed bond issue by 60 per cent, as happened this month, you can be sure something is not right in China’s credit markets.
manbetx3.0 国家开发银行(China Development Bank)是manbetx3.0 最重要的政策性银行。它拥有超过6万亿元人民币(9840亿美元)的资产，为全资国有银行，信用与政府相当。因此，本月当国开行被迫将拟定的债券发行量