Yuan debt hopes spur hiring of credit research analysts in China

Foreign AMCs set to exploit 'one of the most untapped opportunities'

BEIJING - Speculation that China's 56.3 trillion yuan ($8.2 trillion) bond market is about to go more global is spurring investment funds to hire in the country.

A central bank official said at the end of last year that China will create conditions for the inclusion of yuan debt in global indices. BlackRock Inc has said inclusion could be announced in 2017, and that the firm has hired for credit research in China. Invesco Ltd says such a development may come in the next 12 months, and also aims to expand in the country.