China bond bulls unfazed by crackdown on capital markets

"The Chinese bond market is very resilient,” said Gustavo Medeiros, London-based deputy head of research at Ashmore, which oversees about $94 billion in assets.

BEIJING: While Chinese markets might look bleak at the moment, the biggest government bond selloff of 2021 has some investors salivating at a buying opportunity.

Risk aversion swept the country and spread globally this week after China cracked down on private-education firms, part of the government’s new curbs on the technology industry. Bonds were no exception.