In the News: CNNMoney

The Eurozone debt crisis may stimulate appetite for dim sum bonds, portfolio manager Axel Merk tells CNNMoney

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'A lot of Asia is financing debt in U.S. dollars, but not from U.S. banks,'said says Axel Merk, president of Merk Funds, a Palo Alto, Calif.-based money manager specializing in currency investments. 'European banks serve as the biggest funding source for emerging markets, and they're facing some challenges right now.'

Amid fears that lending in Europe is drying up, China's fixed income market could develop even more quickly, he added…"