US banks led by Goldman Sachs have borrowed a record Rmb47.5 billion in offshore renminbi debt so far in 2026, with Goldman accounting for the majority of self-led issuance, the Financial Times reported this morning.
Deutsche Bank placed the largest single panda bond ever issued by a foreign bank in March 2026 at Rmb5.5 billion
No, it won’t be. The rich and powerful of this country not being able to so easily exploit global markets will cause them to squeeze us more. They will pass all their losses onto us.