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China’s Reopening Bodes Well for Asian Fixed-Income Markets

China's Reopening Bodes Well for Asian Fixed-Income Markets

Markets have responded warmly to China’s easing of its zero-COVID policy, although it’s not clear yet how quickly or smoothly the country’s economy will recover. While some bumps in the road are likely, we expect China’s reopening could lead to further gains in Asian credit and currencies in 2023.

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