
Hong Kong investors optimistic about China's policy reforms
Asia Pacific holds on to positive stance.
Moody's Investors Service has noted that one of its core themes for Asia Pacific in 2015 is the constructive outlook for economic reform.
According to a research note from Moody's Investors Service, its audiences in both Hong Kong and Singapore shared this sentiment.
It said it was interesting, though, that there was some divergence on which countries were leading the regional reform agenda.
Here's more from Moody's Investors Service:
Those in Hong Kong were most optimistic about the rolling out of Third Plenum policy measures in China, whereas our Singapore participants appeared more enthused about the unfolding reform agenda in India under the administration of Prime Minister Narendra Modi.
For our part, we see reform cycles in China, India and the rest of Asia — such as with the reform-minded administration of President Joko Widodo in Indonesia — as broadly credit positive.
The positive direction of economic policy in the region, together with healthy external vulnerability metrics and policy flexibility, should help anchor capital inflows vis-à-vis other regions globally.