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China’s Economy and Bond Market
China Perspectives
English - May 08, 2023 09:55 - 31 minutes - 43.2 MB - ★★★★★ - 3 ratingsBusiness News Politics china sovereigns economics Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: China’s Consumption Recovery Prospects
Alvin Cheng, Head of Fixed Income, Portfolio Manager at Fidelity International’s China WOFE, shares his views on China’s economic prospects in 2023 as well as risks and opportunities in the world’s second largest bond market.
(01:38) - China’s macroeconomic outlook and key investment themes in 2023
(04:05) - Potential risks to China’s recovery
(06:09) - Deflation and inflation risks
(09:25) - China’s bond market opportunities for foreign asset managers
(14:55) - Challenges for increasing credit exposure
(19:18) - Improvement in credit risk pricing
(21:49) - Market inefficiencies and structural challenges
(23:34) - Fidelity’s approach to investing in LGFVs
(27:48) - Corporate credit risk in 2023
(29:55) - Closing remarks