Global stock markets have been jittery in recent weeks owing to the economic turmoil that is erupting within China. 

A Chinese media outlet recently reported that China plans to allow local governments to sell 1.5 trillion yuan ($205.9 billion) of special financing bonds to help 12 regions repay debt.

The report added that the People’s Bank of China may even set up a special purpose vehicle with banks to provide low-cost and long-term liquidity to local government financing vehicles.

So how are investors coping with the spiralling state of China’s economy?

On Money in the Market, Emaad Akhtar speaks to Wong Kok Hoong, Head of Equity Sales Trading, Maybank Securities, to find out more. 

 

 

Highlights: 

02:16 - Will Chinese lenders continue to boost loans to support China's economy recovery?
02:49 - Were China's 1-year and 5-year loan prime rate numbers surprising? 
04:56 - Global investors are de-risking their Chinese portfolios. Is this an alarming sign for the health of the world economy?
06:29 - Will equity benchmarks continue to experience negative trends?
08:23 - What can be expected from the Jackson Hole Symposium?

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