Economy‘180-degree flip’ sees global investors turn to China for diversification: Pimco president
Global investors are turning back to China for alternatives to crowded US asset markets. Pimco’s president said the firm views Chinese bonds as one of the safer ways to diversify portfolios and has been directing clients, especially those outside the United States, towards Chinese offshore bonds.
‘180-degree flip’ sees global investors turn to China for diversification: Pimco president
Economy