7 Things to Know about China’s Bond Rout
China’s bond market, which boomed for three years, seemed to have hit a tipping point in December, with many traders saying it was “the darkest time ever.” One obvious cause was the U.S. Fed predicting more-than-expected rate hikes next year, which would lead to more capital flows out of China. But a few domestic factors paved the way for the big rout that shocked the market.
What may have triggered the rout?
- 1Grisly Murder Sheds Light on Gangs Who Kill Workers for Compensation
- 2China May Introduce First Rule on Overseas Investment by Year-End
- 3Henan Considers Credit Default Swaps as Debts Mount
- 4Can China’s ‘Leather Capital’ Repay Its Environmental Debts?
- 5China Group in Front for Major New York Subway Contract