Something Odd Is Happening In China's Domestic Bond MarketRupert Hargreaves
While the attention of the investment world is fixed on Europe’s troubles and unconventional central bank policy, the continuing deterioration in China’s economic data has gone somewhat unnoticed.
China’s economic turbulence continues unabated, the country is struggling to reform its state-owned enterprise sector, debt continues to rise, private sector investment is slowing, and it’s becoming harder and harder for the country to meet its economic growth targets.
Corporate defaults . . .
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