Goldman Sachs: The RMB Bond Market Faces a Historic Opportunity for Internationalization; Long-term Success Requires Continuous Multiple Efforts

"The current boom in RMB bond issuance has brought historic opportunities. Favorable financing costs can drive the internationalization of the currency, but this alone cannot sustain the trend of internationalization. Sustainable RMB internationalization will require multiple supportive factors." This is the assessment made in a special report released by Goldman Sachs Asia Global Investment Research on August 9th.