APAC CreditCast

APAC CreditCast

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APAC CreditCast episodes

  • China Mid-Year Credit Update

    Lan Wang, Senior Director in Fitch’s Credit Policy Group, joins for a wide-ranging discussion on China credit developments, including recent rating actions, growth prospects, property and banking sector outlooks, and recent EU tariffs on Chinese EVs.

    • (00:00) - Introduction
  • (00:55) - China Sovereign Rating Action
  • (01:48) - Rating actions in other Chinese entities
  • (04:40) - 2024 Macro Outlook for China
  • (06:12) - Property Sector Prospects
  • (08:42) - Banking Sector Outlook
  • (10:58) - EU tariffs on Chinese EVs
  • 15 min
  • China’s Coal Mining Industry

    Wei Yu, Director of Fitch Ratings, discusses key credit trends of China’s coal mining industry.

    • (00:00) - Introduction
  • (00:34) - View on coal prices
  • (02:00) - Debt reduction
  • (03:21) - Financial burden and structural challenges
  • (06:10) - Financing conditions
  • (07:23) - Energy transition risks
  • 10 min
  • China-ASEAN Trade Trends

    Dr. Deborah Elms, Head of Trade Policy at the Hinrich Foundation, discusses China-ASEAN trade ties focusing on key policy issues, supply chain diversification trends, and the outlook for the trade relationship amid rising geopolitical risks.

    • (00:00) - Introduction
  • (04:43) - China-ASEAN Trade Trends
  • (07:02) - Impact of RCEP
  • (09:34) - Trade Policy Outlook
  • (13:50) - China’s View of ASEAN Trade Relationship
  • (16:26) - China’s Bilateral Surplus with ASEAN
  • (19:43) - Shifting Supply Chains and Navigating US-China Trade Tensions
  • (24:17) - How is China Protecting its ASEAN Trade Relationship from US-China Trade Tensions?
  • 27 min
  • China’s Big Four National Asset Management Companies

    Katie Chen, Senior Director of Fitch Ratings, discusses key credit trends of China’s Big Four national asset management companies.  

    • (00:00) - Introduction
  • (01:30) - National AMCs' evolving risks
  • (04:35) - 2024 sector credit outlook
  • (06:49) - Government support stance
  • (10:08) - Differentiation in government export
  • (11:37) - National AMCs' policy role
  • (14:06) - Change of ownership
  • (16:44) - Rating action plan
  • 21 min
  • China’s 2024 Credit Outlook

    Jeremy Zook and Ying Wang, co-hosts of China Perspectives podcast, hold a fireside chat about China’s 2024 credit outlook. 

    • (00:00) - Introduction
  • (00:45) - 2024 macro view
  • (02:53) - Property sector outlook
  • (04:29) - Policy response
  • (07:17) - Infrastructure investment growth
  • (08:41) - Sovereign rating pressure
  • (11:10) - LGFV sector outlook
  • (13:31) - Corporate sector outlook
  • (16:21) - Banking sector outlook
  • (19:11) - Key things to watch out for
  • 22 min
  • Chinese Corporates’ Role in Global Supply Chain Diversification

    Flora Zhu, Director in Fitch’s Corporate Research team in Beijing discusses shifting FDI and trade patterns by Chinese corporates in the context of global supply chain diversification.

    • (00:00) - Introduction
  • (01:49) - Drivers of Outbound FDI
  • (03:48) - Key FDI Destinations
  • (06:04) - Sectors Driving Outbound FDI
  • (08:39) - Outlook for Outbound FDI
  • (10:29) - China’s Shifting Trade Patterns
  • (12:53) - Intermediate Goods Exports
  • (14:36) - Outlook for Chinese Firms’ Role in Global Supply Chains
  • (16:52) - Geopolitical Risks
  • (20:09) - Rating Implications for Chinese Corporates
  • (22:25) - Conclusion
  • 24 min
  • Can China’s Property Market be Revived?

    Tyran Kam, Senior Director and Head of Fitch’s China Property team based in Hong Kong, shares outlook on the Chinese property market. 

    • (00:00) - Introduction
  • (00:47) - Current market state
  • (04:04) - Comparison of China’s and Japan’s property markets
  • (08:24) - Further policy move
  • (09:26) - Who are the surviving developers
  • (12:15) - Private developers’ financing access
  • (13:50) - Defaulted developers’ debt restructuring
  • 17 min
  • China ESG Update: Green Bond and Carbon Markets

    Jingwei Jia, Associate Director at Sustainable Fitch, discusses the latest developments in China’s rapidly evolving onshore green bond market and the impact of the EU’s Carbon Border Adjustment Mechanism on China’s national carbon market.

    • (00:00) - Introduction
  • (01:42) - Overview of Sustainable Fitch
  • (02:53) - Developments in China’s Green Bond Market
  • (07:33) - Green Bond Market Performance and the “Greenium”
  • (09:26) - Key Investor Concerns for Green Bonds
  • (12:54) - China’s Carbon Market after the EU Carbon Border Adjustment Mechanism
  • (17:07) - Other Domestic Carbon Market Developments
  • (20:27) - Conclusion
  • 22 min
  • China Perspectives Welcomes a New Host

    Jeremy Zook, Fitch Ratings’ lead sovereign analyst for China, is joining China Perspectives as a co-host. Prior to this role, he was the lead analyst for several countries in APAC. Jeremy’s first show is coming up soon. Stay tuned.

    1 min

About APAC CreditCast

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A new flagship podcast that brings you fresh insights, thought leadership, and expert conversations on Asia Pacific.

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