A man enters a stock brokerage office of Nanjing Securities in Nanjing on January 21. Photo: Reuters A man enters a stock brokerage office of Nanjing Securities in Nanjing on January 21. Photo: Reuters
A man enters a stock brokerage office of Nanjing Securities in Nanjing on January 21. Photo: Reuters
David Brown
Opinion

Opinion

Macroscope by David Brown

China and Europe’s economic insecurity suggest the glory days for the convergence trade are over

  • David Brown says economic worries indicate Beijing will come under pressure to commit to fiscal intervention, which may well widen the spread between Chinese and US bonds

David Brown
David Brown

Updated: 10:24pm, 11 Feb, 2019

Why you can trust SCMP
A man enters a stock brokerage office of Nanjing Securities in Nanjing on January 21. Photo: Reuters A man enters a stock brokerage office of Nanjing Securities in Nanjing on January 21. Photo: Reuters
A man enters a stock brokerage office of Nanjing Securities in Nanjing on January 21. Photo: Reuters
READ FULL ARTICLE
David Brown

David Brown

David Brown is the chief executive of New View Economics. Over a career spanning four decades in London, David held roles as chief economist in a number of international investment banks.