B[China’s imports and exports from 112 countries and regions increased in the first eight months of this year] On September 8, the General Administration of Customs released data today. China’s diversified markets continue to consolidate. Relying on high-level diplomacy, multilateral cooperation mechanisms, etc., it continues to expand the basic market of emerging markets, and the space for mutually beneficial international economic and trade cooperation continues to expand. Customs statistics show that in the first eight months of this year, China’s imports and exports to countries co-building the “Belt and Road” were 17.74 trillion yuan, an increase of 15.9%; its imports and exports to other APEC economies were 20.89 trillion yuan, an increase of 22.2%; to other countries The import and export of SCO member states was 2.81 trillion yuan, an increase of 15.6%; the import and export to ASEAN, Latin America, and Africa were 5.95 trillion yuan, 2.92 trillion yuan, and 1.89 trillion yuan, an increase of 20.6%, 14.5%, and 18.5% respectively. As of August, imports and exports to the United States have grown for five consecutive months, with cumulative imports and exports from January to August reaching 2.76 trillion yuan, an increase of 1.3%. Lu Daliang, director of the Statistics and Analysis Department of the General Administration of Customs, said that in the first eight months, China's exports and imports increased with 112 countries and regions, 17 more than the same period last year. China's imports and exports to ASEAN increased by more than 20%, and the two sides have a stable position as each other's largest trading partner. B[BlackRock and Morgan Asset Management bet on emerging market bonds to withstand global bond market turmoil] September 7th, as the government bond markets of major economies fell into turmoil, Morgan Asset Management and BlackRock's funds found unexpected investment advantages in emerging markets. Prices of government bonds fell in markets from the United States to Japan as expectations for interest rates to remain high increased again amid inflation and fiscal concerns triggered by rising energy prices. However, many developing countries have escaped unscathed, due to relatively controlled inflation, already restrictive monetary policies and, in some cases, stronger fiscal positions. Some emerging markets have higher real interest rates and stronger fiscal conditions, providing investors with a source of income and a safe haven from volatility in major global bond markets. Pierre-Yves Bareau, chief investment officer for emerging market debt at J.P. Morgan Asset Management, said the recent global bond sell-off "makes emerging markets more attractive and plays a role in diversifying the allocation of income sources." “The resilience of this class of assets is showing,” said Elina Theodorakopoulou, emerging markets debt portfolio manager at Manulife Investment Management. She believes that the recent bond market sell-off has brought relative investment opportunities to global emerging market bonds.
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