People's Republic of China 中國附息國債

Issuer

Issuer

Remarks

Remarks

Issuer

People's Republic of China
中國附息國債
 

Remarks

  • CIO attaches a stable outlook to China’s credit fundamentals. Since the global financial crisis, the Chinese government has pursued stimulative fiscal policies to sustain high economic growth.
  • The central government has stepped up efforts to deleverage the financial sector and cool the property market while continuing to support the real economy. And although the country has more debt than most other emerging markets, China enjoys very sizable external buffers. This helps insulate China from risks associated with the “original sin” of excessive foreign borrowing is foreign currencies that has plagued so many emerging markets in the past.