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BlackRock unmoved by China bond default
It says things are reaching a point where reform has to happen in China
Published Thu, Mar 6, 2014 · 10:00 PM
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AS China's first bond default happens today, Andrew Swan, a top-ranked BlackRock fund manager in Asia-Pacific, remains unperturbed.
"This year could be the bottom for Asian equity markets, with low ownership, expectations, valuations and risk appetite," he told The Business Times yesterday.
"Things are reaching a point where refor…
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