What Could Break The China Calm? UBS Explains The Three Major Risks

Earlier this year the entire financial community was watching China, waiting for what was being described as the next major crisis to hit financial markets. But as we approach the end of 2016, a relative calm has descended over China and it would appear that the market is markedly more comfortable about China than it was six months ago. Granted, concerns about China’s economic outlook remain yet the country’s authorities seem to have taken action regarding other concerns, namely foreign exchange outflows and yuan volatility. China Debt Situation Gets Worse And Other EMs Start To Struggle Forget Brexit, Watch China…