The WorldGavekal's Gave: Chinese Bonds Offer Safe Haven as U.S. Debt Hits $40 Trillion
At the Fortune Leaders Forum in Macau on Sept. 8, 2026, economist Louis-Vincent Gave argued that geopolitical turbulence is pushing investors toward Chinese government bonds — not because yields are higher, but because the returns have been 'very good' while U.S. Treasuries have delivered 'horrible returns.'
By Eleanor Fitch
2026-09-09