People walk along an overpass in Beijing. China’s bond market is marching to the beat of a different drummer – the fact that it’s not moving in lockstep with other markets provides investors with diversification and a relatively safe haven. Photo: EPA
Jason Pang
Opinion

Opinion

Macroscope by Jason Pang

Chinese bonds’ star turn amid the market gloom should not escape foreign investors’ notice

Jason Pang says China’s bond market has proven resilient even as investor appetite weakens in the face of rate hikes and trade worries. Foreign investors who have plunged into this overwhelmingly domestically owned market appear to have made a good choice

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People walk along an overpass in Beijing. China’s bond market is marching to the beat of a different drummer – the fact that it’s not moving in lockstep with other markets provides investors with diversification and a relatively safe haven. Photo: EPA
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