BlackRock: Chinese High Yields to Be on Stable Path

The video discusses the acknowledgment by regulators of the economic slowdown in China and their support for the economy. It highlights the positive outlook for the Chinese high yield market, expecting spread narrowing and stable default rates. The discussion also covers market information, policy drives, and sector pressures, emphasizing the focus on deleveraging and real estate. Investment preferences in EM Asia are outlined, with a focus on China, India, and Indonesia, and views on currency and rates are shared.

What factors contribute to the preference for Asian high yield over investment grade?

What is your outlook on the dollar against specific Asian currencies?