Chinese Companies 'Systemically Important to Government' Favored, Kapstream Says

The video discusses the differences between Chinese bonds and stocks, highlighting the Shanghai Composite's poor performance. It explores investment strategies, focusing on bonds and issuers in hard currencies. The impact of FX reserves on markets and potential shifts in PBOC policy are examined. The video also analyzes China's current account data and the ongoing trade war, suggesting a potential weakening of the Chinese currency.

What factors contribute to the decision of bond managers to invest in Chinese issuers?

What strategies might China employ to combat the ongoing trade war?