bullish
Olympics/ Bonds/ US-China/ China-Stans/ Graft
457 Views28 Jan 2022 11:52
SUMMARY
- China approved new rules to further connect the interbank and exchange bond markets, marking a step closer to unifying its fragmented $20 trillion bond market.
- We expect US-China relations to remain fractious and difficult - with fewer major dramas, while China remains determined to keep the Stans sweet - and focused on stability and security.
- Xi Jinping’s years-long anti-corruption campaign won’t slow down in 2022 as he told the Party’s top disciplinary watchdog to take a “zero tolerance” approach to corruption.
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Diana Choyleva
Chief Economist
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