Chinese police officers watch a cargo ship at a port in Qingdao in Shandong province in March 2018. A consequence of the escalating trade confrontation between Washington and Beijing could be that China opens up its capital markets further. Photo: AFP
Aidan Yao
Opinion

Opinion

Macroscope by Aidan Yao

China’s bond market is the unlikely winner of US-China trade spat. Here's how

Aidan Yao says the silver lining to the US-China trade dispute is that it may force China to further open up its capital markets, giving investors easier access to Chinese bonds

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Chinese police officers watch a cargo ship at a port in Qingdao in Shandong province in March 2018. A consequence of the escalating trade confrontation between Washington and Beijing could be that China opens up its capital markets further. Photo: AFP
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Aidan Yao

Aidan Yao

Aidan Yao is senior emerging Asia economist at AXA Investment Managers. Prior to joining AXA IM, he was a senior financial market analyst at the Hong Kong Monetary Authority for two years. He started his career at the Reserve Bank of New Zealand in 2007, serving as an economist and later senior financial market analyst until late 2011. He holds a master degree in finance (2006) and a bachelor degree in economics and finance (2005) from the University of Otago (NZ). He is also a chartered financial analyst.