Oaktree’s Marks Sees Opportunity in Distressed Debt in China

The transcript discusses the current market conditions, focusing on the investment strategies in a new market. It highlights the presence of distressed debt in China and the potential opportunities it presents. The impact of the virus on China's economy is examined, noting the low growth rate and its implications. The discussion concludes with potential investment strategies in distressed debt, considering the economic conditions.

How does the speaker describe the current state of investment in China?

• As a stable flow

• As a trickle

• As a flood

• As a drought

What is the projected growth rate for China in the first quarter?

• 6%

• 5.5%

• 4.5%

• 3.5%

Why is the projected growth rate of 4.5% considered low for China?

• It indicates a booming economy

• It matches the global average

• It is higher than expected

• It is below the usual 6% target

What does the speaker see as a potential opportunity in the Chinese market?

• Increase in distressed debt

• Rising real estate prices

• Increased consumer spending

• Growth in technology sector

What might offset the increase in distressed debt according to the speaker?

• Foreign investments

• Government subsidies

• Tax reductions

• Bank injected liquidity