Loomis Sayles' Feng on China Credit Market

The video discusses the challenges facing China's property market, including poor sales performance due to COVID-19 lockdowns and weak market sentiment. It highlights the need for government policies to restore confidence and normalize the market. The discussion covers consumer and developer dynamics, liquidity issues, and the vicious cycle affecting the market. Investor sentiment is low, with bonds trading at low values, and there's a debate on debt restructuring and the government's role in stabilizing the sector.

What challenges do buyers face in the current property market according to the discussion?

What is the relationship between investor sentiment and the property market's performance?

How does the concept of restructuring differ from default in the context of the property market?