Cash crunch hits China's dollar bonds

Chinese notes, the only gainers in March as debt from Brazil, Russia and India slumped, lost 6.1 per cent in the past quarter, the most in Bank of America Merrill Lynch indices since 1999. China Petroleum & Chemical Corp and CNOOC led losses.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1273457/cash-crunch-hits-chinas-dollar-bonds