SINGAPORE (Dec 11): Renewed volatility in China since November despite benign growth and inflation outlook both globally and domestically suggest that tightened regulations, risk controls and deleveraging are the main factors weighing on sentiment, according to UOB.

“This is evident from a slew of policy announcements after the close of the Communist Party of China’s 19th National Congress on Oct 24, as the government becomes more determined to keep systemic risks and leverage under control while at the same time taking further steps to liberalise and reform the domestic economy,” says UOB Global Economics & Markets Research in its 2018 Global Outlook.

According to UOB, both the equity and bond markets in China have come under stress towards late November.

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