Fireside Chats - Asia insights: Will China’s North-South divide have multiple growth implications?

In this episode of our Fireside Chats series we’ll be talking with Ting Lu, our Chief China Economist, and Albert Leung our Asia rates strategist, on their thoughts on the broader view of China and its outlook. We then look at why we expect the economic disparity between China’s north and south to widen further and what this means for China’s credit market if and when default risks rise down the line.

00:00 Introduction

00:56 Where are we in China's macro and rates outlook?

05:18 Main focus on rates market.

07:55 Why is the North-South divide in focus for China?

10:18 Specific underperforming regions in China

11:58 Are government policies widening the gap?

15:21 Credit Risks - underperformance lead to debt risks?

19:03 Addressing credit risks and US Fiscal stimulus

22:55 How have China reacted to credit underperformance?

26:06 How can investors shield themselves from blowouts?

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