Decoding China's rate market conundrum
Decoding China’s rate market conundrum Tracy Chen 22 December 2020 With China’s policymakers’ resolve to attract foreign capital to its onshore bond market and the country’s gradual inclusion in global bond indices, foreign investors are assessing the merits of investing in that market. Unfortunately, the market is sending mixed signals on whether monetary conditions are easing or beginning to tighten. China’s onshore rate market has been selling off since April, but at the same time credit growth has been expanding. Is the V-shaped recovery ...
Source: investordaily.com.au