With the Chinese government taking steps to contain COVID-19, what are the economic implications?
As ground zero for the coronavirus outbreak, China has has the most amount of time to develop a response.
Multiple measures have been taken, including opening funding channels, support for local government financing vehicles, allowing shadow banking vehicles and easing controls on property developers.
This piece from UBS Asset Management explores the wave of policy reforms in China following COVID-19 and what it means for international fixed income investors.
If you read this UBS Asset Management article, you will learn:
- the measures China has taken to contain COVID-19
- other challenges facing the Chinese economy
- where investors can find yield in a world of negative yields
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