Dim sum bond

Definition:

Unofficial name for bonds denominated in Chinese yuan and issued in Hong Kong. China's domestic debt market is closed to foreign investors, but foreign investors can invest in dim sum bonds.

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Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

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Laffer curve

A curve conjecturing that economic output will increase if marginal tax rates are cut. Named after economist Arthur Laffer.

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