NEW YORK -- Investor optimism on China has dropped to "lockdown lows," according to a Bank of America survey that found a net zero percent of fund managers expected a stronger Chinese economy in the next 12 months.
Fund managers gloomiest about Chinese growth since COVID-19 lockdowns
One-third of participants in a Bank of America survey said Chinese real estate was the most likely source for a "systemic credit event." © Reuters
NEW YORK -- Investor optimism on China has dropped to "lockdown lows," according to a Bank of America survey that found a net zero percent of fund managers expected a stronger Chinese economy in the next 12 months.