Chinese bonds win on yields, against inflation
Global asset owners believe China fixed income will bring good returns in the next two years, despite tougher regulations and some high-profile companies getting into difficulties.
The Evergrande default story has not deflected global asset owners’ enthusiasm for China’s bond market, with over 56% of respondents to a survey saying the country's growth potential makes them bullish about the world’s third-largest bond market in the next two years.
Meanwhile, as the US and Europe recover strongly and inflationary pressure piles up, China is in the reverse situation as it copes with sluggish domestic demand and economic slowdown.
Source: Eastspring Invest…
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