china outlook

In this episode of the Big Picture podcast, we delve into the factors underpinning our recent decision to change the outlook on the Chinese sovereign rating to negative.

Speaker: Gene Fang, Associate Managing Director - Sovereign Risk Group at Moody's Investors Service

Host: Colin Ellis, MD-Global Credit Strategist at Moody’s Investors Service

It is one of the most significant economic events of 2023. After nearly three years of the world’s strictest Covid-19 containment measures, China recently reopened its international borders, bidding a final farewell to its zero-Covid-19 policy. But how will China’s decision to end its zero-Covid-19 policy impact our world? Amid concerns of a growth slowdown, the expectation of a recovery in Chinese consumption comes at an opportune moment for the global economy.

In this podcast episode Richard Tang, Head of Research Hong Kong at Julius Baer talks to Hong Hao, Partner and Chief Economist at GROW Investment Group about the impact of China’s reopening on global economies and the implications it may have for investors.

The pace of China’s re-opening and the sudden pandemic u-turn from a zero-Covid policy has taken many investors by surprise. Chinese equity markets have seen a rally that started with a series of market rumours about a potential reopening in early November last year. What has really triggered this significant turnaround? Will the rally continue? And what sectors are most likely to outperform?

In this episode of the week in markets, Richard Tang, Head of Research Hong Kong and China Strategist at Julius Baer, takes a closer look at China and shares his market view.