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China faces bigger risk than trade tensions: Pictet WM’s Gaud

David Gaud, Pictet WM

China’s deleveraging poses a bigger fundamental risk to the country’s economy than trade tensions and is likely to bring higher default risks to the bond market in the second half of 2018, Pictet Wealth Management’s Asia CIO, David Gaud, has told Asian Private Banker. “The biggest risk for China right now is not the trade tension although it has gained…

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