Episode 1: Will China's high growth target result in aggressive policy easing?

In our first 'Renminbi Review' episode, we outline our thoughts on the current market & macroeconomic events affecting the China onshore bond market and explore four key topics: - The NPC meeting set a high growth target, implying aggressive easing policies for the year. - Demand is yet to improve; the economy is facing downward pressure. - The compressed yield spread between the US and China will not undermine the attractiveness of Chinese assets and the RMB. - Vice prime minister He Liu chairs State Council financial stability and development committee meeting on 16th March. The content was written on 6th May 2022. Please do email any questions or comments to sales@eurizonslj.com Find more Eurizon SLJ insights and content at www.eurizonsljcapital.com/insights Views accurate as at the time of publication. Opinions expressed by the speakers are their own and do not necessarily reflect those of Eurizon SLJ Capital Limited, Eurizon Capital SGR or the Intesa Sanpaolo Group.