China’s economic troubles are much more severe than the Chinese Communist Party is willing to admit, with the performance of its government bonds an indicator of the sputtering Chinese economy, according to Kyle Bass, founder and chief investment officer of Hayman Capital Management.
“We know that they’re having an economic collapse,” Bass said in an interview on EpochTV’s “American Thought Leaders” that aired on Dec. 26, 2024. He pointed to the yields of China’s sovereign 10-year and 30-year bonds, both sitting below 2 percent as of Jan. 6.
