A return to high-quality growth names in Asia is likely once the Fed halts interest rate rises, according to Daryl Liew, CIO at REYL Singapore, who is also optimistic about the prospects of a reopening for the Chinese economy.
China’s top four banks are likely to increase their global systemic importance, while Japan’s megabanks are set to see their global influence decline in coming years as their overseas strategies diverge. Chinese banks are set to become more connected with the world’s financial system in the medium term, driven by cross-border investment flows and offshore .
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