Chinese banks risk losing recent gains in international bond underwriting as fears of an economic slowdown put expansion plans on hold and foreign recruitment efforts continue to flounder. Chinese debt bankers have confided their fear of losing market share in the second half of the year. Most of the blame has been placed squarely on the ongoing jitters in Chinese equity markets, which plunged as much as 40% over the summer and remain weak. "The problems in China are certainly not helping us," said a bond syndication head at one of China's largest lenders in Hong Kong. "It has been much quieter."
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