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?
- 1Hong Kong Hedge Fund Files $88 Million Lawsuit Against Elusive Businessman Guo Wengui
- 2Beijing Real-Estate Slump Deepens
- 3China Removes Steel Makers From ‘Qualified’ List for First Time
- 4Retraction of Cancer Papers Highlights Corruption in Chinese Academia
- 5Tianjin Rolls Out Draft Regulations on Shared Bikes