Thornburg Investment Management Portfolio Manager Charlie Wilson in Barron’s

It May Be Time to Buy China’s Bonds. How to Do It Carefully.

Failure to communicate is standard procedure for official China. That’s making the contagion from property developer China Evergrande Group ’s travails worse than necessary.

The China-heavy KraneShares Asia Pacific High Yield Bond exchange-traded fund (ticker: KHYB) has crashed 13% since Evergrande (3333.Hong Kong), the No. 2 Chinese developer, launched debt restructuring on Sept. 13.

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