China’s Crackdown on Big Tech Firms Isn’t Scaring Away Bond Investors
— September 10, 2021
By Marti Subrahmanyam and Joseph Cherian
Do these events foretell doom for foreign investors in China? Do these changes have negative implications for Chinese equities in general? How about the corresponding bond markets? Were they also sending out similar signals?
The issue is more complex than many Western commentators have concluded. The evolving scenario requires a nuanced examination of the issues over the long term, particularly given the Chinese bond market’s less conspicuous response to the crackdown.
Read the full South China Morning Post article.
Marti Subrahmanyam is the Charles E. Merrill Professor of Finance, Economics and International Business