Ryan had the headlines on this during the London time zone on Monday

China's SAFE will allow foreign investors to trade in FX and bond markets

If you have access to the Wall Street Journal there is more here:

State Administration of Foreign Exchange says foreign bond investors can use derivatives products such as swaps, forwards and options to guard against currency risk

  • Their inability to hedge currency risk aside, longer-term uncertainties about tax treatment and the exclusion of China's bond market from the world's three major bond indexes, which are closely tracked by international fund managers, have been among the obstacles for Beijing as it works to make the market more appealing to outsiders.