The Fragile Allure of China's Safe Haven In high stakes investing, few phrases are as reassuring as "safe haven asset. " This label implies stability and security, promising to weather financial storms.
Yet, when we look at global markets, it's hard not to wonder: what does this vaunted status mean for China, and why are investors flocking to its government bonds?
Economist Louis Vincent Gave has been making waves with his observations on the diverging paths of US and Chinese markets.