May 15, 2023 1:22 PMThe Swap Connect programme allows international and Hong Kong investors to access Chinese interest-rate swaps. : BEIJING – Global investors seeking to trade China’s reopening will have a new strategic tool from Monday: onshore interest-rate swaps that had an annual turnover of US$3 trillion (S$4 trillion) in 2022. The so-called Swap Connect programme between mainland China and Hong Kong provides overseas funds with easier access to the derivatives that will help hedge their exposure to the world’s second-biggest bond market.