Asian Fixed Income/Frontier Market Research

Bondcritic

Bondcritic, established in 2009, is designed to be an independent credit research voice that helps investors gain insights and unbiased analyses on Asian fixed income market. Our mission is to discover deep-value Asian high-yield and distressed bonds with a bottom-up approach, together with the help of our proprietary ESG (Environmental, Social Development, and Governance) model. At the same time, we focus on bringing investment cases of unrated and unloved issuers to the general public.

Asian Credit Monitor: The Chinese Corporate Bond Default, Not a Systemic-Risk

The US-China Trade War and China's Q2 Updates

China Economist

Kerry Liu

Macroeconomics

The Turning Point
China’s State Council executive meeting on 23rd of July is a symbolic turning point, in our view, indicating a major shift to further easing policies in 2H’2018.  It states that “China’s proactive fiscal policy should be more proactive”, and “China’s prudent monetary policy should be become more flexible” meaning a balance between economic growth and structural deleveraging. This policy shift has been consistent with our previous forecasts such as in <a href="https://www.smartkarma.com/insights/the-us-china-trade-war-and-china-s-q2-updates" target="_blank" data-smartkarma-citation="insights:22296">The US-China Trade War and</a>…

The Turning Point
China’s State Council executive meeting on 23rd of July is a symbolic turning point, in our view, indicating a major shift to further easing policies in 2H’2018.  It states that “China’s proactive fiscal policy should be more proactive”, and “China’s prudent monetary policy should be become more flexible” meaning a balance between economic growth and structural deleveraging. This policy shift has been consistent with our previous forecasts such as in The US-China Trade War and…

MSCI AC Asia ex Japan Index (MXASJ INDEX)

China Economics: The Politics Behind China’s Recent Policy Shift