Risks Look Skewed to the Downside in Asia: Oreana’s CIO

The transcript discusses the current state of Chinese bonds and the market's recovery, highlighting a V-shaped recovery in risk assets. However, it warns of downside risks due to supply and demand impacts from the virus, which may last longer than the virus itself. Central banks, including the PBOC, are expected to ease policies, but their impact may be limited if the virus persists. The transcript also emphasizes the potential rise in nonperforming loans and defaults in China. It concludes with a focus on economic dislocation and advises investors to build resilience in their portfolios while capturing potential upsides.

What challenges do central banks face in providing economic support during the pandemic?

What strategies should investors consider to build resilience in their portfolios?