Investors Need: Ken Wong and China Right

investors need: Instead, investors should use the overreaction to pick up beaten-down Chinese assets, according to Market Watch. We are not overall concerned, but I think a lot of the time, fund managers only look at the headline debt number. Even with debt-to-GDP at a staggering 250%, there's no reason to worry about a potential credit bubble in the world's second largest economy, says Ken Wong, Asian equity portfolio specialist at Eastspring Investments in Hong Kong. They don't look at the details and see that corporate borrowing is slowing down, deleveraging is happening, and nonperforming loans are falling, he told Market Watch. Expectations are very low for China right now. These are all things that investors need to realize. (news.financializer.com). As reported in the news.

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