Fitch ratings says Bond Connect supports China's efforts to boost inflows

Reuters with a few headlines from Fitch's latest:

• Bond Connect supports China's efforts to boost inflows
• China's Bond Connect scheme should facilitate higher foreign ownership of onshore bonds over medium term
• Investors will convert foreign currency to offshore yuan (CNH) to invest in onshore bonds
• Says scheme should facilitate higher foreign ownership of onshore bonds over medium term
• Government is likely to continue to tread carefully over broader capital account liberalisation