KraneShares, the issuer of U.S.-listed China exchange traded funds, and China’s E Fund Management are partnering to launch a new fixed income ETF.

The new ETF will trade in the U.S. Madison Marriage of the Financial Times broke the news Sunday.

E Fund Management, one of China’s largest asset managers is mulling partnerships with other U.S.-based fund managers and is also considering opening a U.S. office, the Financial Times reported. The KraneShares/E Fund ETF is expected to focus on corporate debt issued by Chinese state-run companies, according to the FT.

U.S. investors can currently access Chinese debt via the PowerShares Chinese Yuan Dim Sum Bond Portfolio (NYSEArca: DSUM) and the Market Vectors Renminbi Bond ETF (NYSEArca: CHLC), among other offerings.

Dim sum bonds, named after the bit-sized Chinese dish popular in Cantonese restaurants, are Chinese yuan-denominated debt issued by international corporations or entities. Additionally, yuan-denominated securities help limit U.S. investors’ exposure to interest rate risk at home. The dim sum bonds move in response to shifts in China’s rates. [Use Dim Sum ETFs for Fixed Income Diversity]

KraneShares brought its first ETFs to market just over a year ago, but the firm has quickly become recognizable due to the popularity of its KraneShares CSI China Internet Fund (NasdaqGM: KWEB). KWEB has become a favorite ETF of traders and investors looking to gain exposure to a broad swath of high-flying Chinese Internet stocks. [ETFs for a VIP of Internet Stocks]