Multinationals attracted to lower funding costs and protection against deteriorating Washington-Beijing ties

https://archive.is/2E2hr

Multinational companies are flocking to China’s bond market at a record rate as they try to secure cheaper financing and hedge against deteriorating relations between Beijing and the US.

  • Bartsbigbugbag@lemmy.mlEnglish
    1·
    9 months ago

    Not exactly bonds, but my Chinese stocks have outperformed my US stocks for months now. My BYD shares are up over 60% in less than a year. They seem to have stabilized around $100/share right now, but it’s still leagues ahead of where my US stocks are.