China property sector could see “significant” policy easing -BNP Paribas – Reuters
- Date: 24-Jan-2022
- Source: Reuters
- Sector:Real Estate
- Country:Middle East
China property sector could see “significant” policy easing -BNP Paribas – Reuters
NEW YORK, Jan 23 (Reuters) - China's real estate sector will likely see "significant easing" in the policies that govern it, BNP Paribas Asset Management said, months after starting to build a long position in that sector's debt.
"We are of the view that we are at a major inflection point in terms of policy and we are likely to see some significant easing," said Jean Charles Sambor, head of emerging market fixed income at BNP Paribas Asset Management (BNPPAM) in London.
"We are involved in the sector and we are positive in the sector. We have built this position over the last couple of months."
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