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