In the decade of “de-dollarisation”, Chinese government bonds may be the new safe haven

16 September 2020 | 3 minutes read

As central banks in Europe and America made unprecedented monetary and fiscal moves to stimulate the economy at the height of the COVID-19 pandemic, China adhered to orthodoxy and exercised caution about expanding its balance sheet. Indosuez believes that this could pay off for Chinese assets in the long run. “COVID-19 marks the end of the deflation era, with central…

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