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

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
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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.