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Pimco president says global investors are turning to China for diversification, seeing Chinese bonds as a safe alternative to crowded US asset markets
Christian Stracke, president of the US-based asset manager Pimco, which oversaw over US$2 trillion in assets by the end of June, stated that sentiment towards China has “flipped 180 degrees.” He noted
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Pimco president says global investors are turning to China for diversification, seeing Chinese bonds as a safe alternative to crowded US asset markets
Christian Stracke, president of the US-based asset manager Pimco, which oversaw over US$2 trillion in assets by the end of June, stated that sentiment towards China has “flipped 180 degrees.” He noted
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Chinese bonds
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