Pedestrians ride an escalator near an overpass with an electronic board showing stock information at the Lujiazui financial district in Shanghai on March 17. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

As the coronavirus rocks financial markets worldwide, China is not the safe bet investors hope it is

  • The Chinese stock market has not fallen as steeply as its peers, the yuan has proved resilient and the domestic bond market has attracted strong inflows
  • However, it is too early to say whether China will be hit by a second wave of infections, and the strain on global supply chains does not bode well for the country
Pedestrians ride an escalator near an overpass with an electronic board showing stock information at the Lujiazui financial district in Shanghai on March 17. Photo: Reuters
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