While the eagerly anticipated explosion of issuance from the People's Republic of China (PRC) remains on hold due to the country's cautious regulatory procedures, one senior regulator last week raised hopes that may be set to change.

Talking to the media at a Beijing conference, Li Fuan, product director at the China Banking Regulatory Commission (CBRC), said he expected issuance of around Rmb60 billion ($7.6 billion) over the next 12 months.

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