News Clip3:56
Bloomberg

'Fallen Angel' Shimao Shows Fragility of China Property Sector

Higher Ed
Less than a week after China Evergrande Group and Kaisa Group Holdings Ltd. defaulted on debt obligations the markets have another property developer to worry about. Shimao Group Holdings Ltd. saw a plunge in its shares and bonds on...
News Clip5:02
Bloomberg

Sociate Generale Is 'Overweight' China Stocks: Benzimra

Higher Ed
Frank Benzimra, head of Asia equity strategy at Societe Generale, discusses the economies, policies and markets of China and Japan. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Markets: Asia."
News Clip2:23
Bloomberg

China Manufacturing Loses Steam as Growth Risks Mount

Higher Ed
The slowdown in China's economic growth continues, with weaknesses in both manufacturing and services. Kathleen Hays reports on "Bloomberg Daybreak: Australia."
News Clip5:06
Bloomberg

Standard Chartered: China's Economy May Grow 3.3%, Missing Target

Higher Ed
Ding Shuang, chief economist for Greater China and North Asia at Standard Chartered Bank, discusses the outlook for the world's second-largest economy amid the Covid-19 pandemic, the government's efforts to support growth, and the local...
News Clip2:47
Bloomberg

Indebted Chinese Developer Evergrande Avoids Default on Onshore Bond

Higher Ed
Indebted developer China Evergrande Group has avoided what would have been the company's first default on a public onshore bond as a unit got investor backing to delay repayment of a 4.5 billion yuan ($707 million) note. Rebecca Choong...
News Clip4:18
Bloomberg

abrdn Sees Opportunities in China, India, Southeast Asia

Higher Ed
Pruksa Iamthongthong, Asian equities senior investment director at abrdn, discusses China's decision to delay the release of economic data, and the opportunities she sees in the region's stock markets. She speaks with Haidi Stroud-Watts...
News Clip1:53
Bloomberg

China Cuts Banks' Foreign Exchange Reserve Ratio to Curb Yuan Weakness

Higher Ed
China's central bank moved to limit the drop in the yuan by cutting the amount of money that banks need to have in reserve for their foreign currency holdings. The move came after the yuan dropped to the lowest level against the dollar...
News Clip2:22
Bloomberg

China Developers' Woes Deepen After CIFI Bond Default

Higher Ed
The debt crisis in China's property market is back in focus. CIFI Holdings Group Co., a developer with state backing for domestic funding support, has defaulted on a Hong Kong dollar convertible bond. Lorretta Chen reports on Bloomberg...
News Clip8:34
Bloomberg

World Bank Cuts 2022 Global Growth Outlook

Higher Ed
Carmen Reinhart, senior vice president and chief economist at the World Bank, explains why the development lender cut its forecast for global economic growth. The Washington-based institution now expects the global economy to grow 3.2%...
News Clip5:39
Bloomberg

Sun Hung Kai Properties, Hongkong Land Favored, Morningstar Says

Higher Ed
Oct.21 -- Phillip Zhong, senior equity analyst at Morningstar Investment Management Asia, talks about China's real estate market, the outlook for the developers and landlords. China’s home-price growth slowed for a fourth month in...
News Clip9:21
Bloomberg

China Still Faces 'So Much Uncertainty,' AIA Group CIO Says

Higher Ed
Mark Konyn, chief investment officer at AIA Group, discusses the outlook for China's economy, policies and markets. He also talks about global bonds and Federal Reserve policy. Konyn speaks with David Ingles, Yvonne Man and Rishaad...
News Clip4:51
Bloomberg

Fed at a Tricky Position, Bain & Co.'s Harris Says

Higher Ed
Karen Harris, global head of macro research at Bain & Co., discusses the outlook for the U.S. economy and its implications for Federal Reserve policy. The U.S. labor market showed unexpected strength last month despite record Covid-19...
News Clip6:48
Bloomberg

Chinese President Xi Faces a Lot of Challenges, Control Risks Says

Higher Ed
Angela Mancini, partner and head of Asia Pacific markets at Control Risks, talks about the outlook for the Chinese economy, the government's policies, and the bilateral relations with the U.S.. President Xi Jinping said in a virtual...
News Clip10:11
Bloomberg

Dollar to Continue on Gradual Depreciation Path: UBP

Higher Ed
Nov.29 -- Carlos Casanova, senior Asia economist at Union Bancaire Privée, discusses the outlook for the region's economies and policies amid the coronavirus pandemic, the outlook for the U.S. dollar and the implications for Asian...
News Clip9:35
Bloomberg

Huarong Crunch Unlikely to Trigger Systematic Risk: Hennecke

Higher Ed
Apr.15 -- Martin Hennecke, investment director for Asia a St. James’s Place Wealth Management, explains why he's not too worried that the turmoil surrounding China Huarong Asset Management Co. will trigger any systemic risks in the...
News Clip6:44
Bloomberg

Asian Economies, Food Inflation, Central Banks in Focus

Higher Ed
Steve Cochrane, chief Asia Pacific economist at Moody's Analytics, discusses the outlook for the region's economies amid the Covid-19 pandemic, food inflation and central banks' policies. He speaks with Haidi Stroud-Watts and Shery Ahn...
News Clip5:24
Bloomberg

Goldman Expects China's Economy to Grow 4.5% This Year

Higher Ed
Hui Shan, chief China economist at Goldman Sachs, discusses the outlook for the world's second-largest economy and policies. China's central bank announced a spate of measures to support individuals and small businesses as the economy...
News Clip4:21
Bloomberg

PBOC Says Yuan Can't Be Used to Offset Commodity Inflation

Higher Ed
May.27 -- The yuan exchange rate can’t be used as a tool to spur exports or offset the impact of commodity price rises, according to a PBOC statement. Bloomberg's Enda Curran has more on "Bloomberg Surveillance."
News Clip6:05
Bloomberg

Developed-Market Stocks Favored Over Emerging, JPMorgan AM Says

Higher Ed
Sylvia Sheng, global multi-asset strategist at JPMorgan Asset Management, discusses Federal Reserve policy, its implications for financial markets, and the opportunities she sees. She also talks about the outlook for China's economy with...
News Clip5:13
Bloomberg

Manulife IM Sees 'Insufficient' Policy Support in China

Higher Ed
Sue Trinh, head of global macro strategy for Asia at Manulife Investment Management, discusses central banks' efforts in fighting inflation, the US dollar's strength, and the implications for financial markets. She also talks about the...
News Clip5:43
Bloomberg

China Managed to Make Financial System More Stable, Author McMahon Says

Higher Ed
Feb.12 -- Dinny McMahon, a fellow at MacroPolo, the Paulson Institute's think tank, and the author of "China's Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle," talks about the world's...
News Clip8:52
Bloomberg

China's Economy Slows as Property Slump Deepens

Higher Ed
Growth in China's fixed-asset investment eased in the first eleven months of the year, property investment slowed, and retail sales growth weakened in November. Helen Qiao, head of Asia Pacific economics and chief Greater China economist...
News Clip5:11
Bloomberg

China's Covid Zero Has Damaged China's Economy: Lavin

Higher Ed
Frank Lavin, founder and chairman at Export Now and former US undersecretary of commerce for international trade, discusses President Xi Jinping's speech to the Party congress over the weekend, Xi's tech strategy and his stance on...
News Clip5:03
Bloomberg

SocGen's Frank Benzimra on the outlook for 2022

Higher Ed
Societe Generale Head of Asia Equity Strategy Frank Benzimra discusses his market outlook for 2022 on "Bloomberg Markets Asia" with Rishaad Salamat and Juliette Saly.