Fascinating. If I read the Wikipedia article, initial capital is paid in dollars. However all the bonds they issued are RMB-denominated. I wonder who the buyers

Fascinating. If I read the Wikipedia article, initial capital is paid in dollars. However all the bonds they issued are RMB-denominated. I wonder who the buyers are. https://en.wikipedia.org/wiki/New_Development_Bank https://en.wikipedia.org/wiki/New_Development_Bank