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Why investors fleeing Chinese property market see India as an opportunity

Rising inflation means there have still been losses for broader Asian bonds-- as there have been in many parts of credit markets globally -- but they've been much milder

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Ameya Karve | Bloomberg
Investors have been taking refuge from the Chinese real estate debt crisis in pockets of the broader Asian credit market, and cite India among opportunities that are relatively insulated from the historic turmoil.

Goldman Sachs Group Inc. has recently adopted a positive stance on Asia high-yield bonds. Bank of New York Mellon Corp. data indicate South Korea, Indonesia, Singapore, India, Malaysia and Japan all recorded capital inflows into corporate debt in the three months through Jan. 18, while China experienced outflows. 

Rising inflation means there have still been losses for broader Asian bonds-- as there have been in many parts

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First Published: Jan 25 2022 | 6:41 AM IST

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