Stephen Chang
Latest Insights
Higher starting yields are providing a stronger foundation for investors, while while a more selective opportunity set in China and evolving emerging market dynamics create meaningful diversification opportunities.
Rather than markedly pivoting to consumption, China is recommitting to manufacturing and technology, with consequences for trade, global prices and portfolios.
Dispersion in Asia is widening as geopolitical risks rise. Portfolio manager Stephen Chang discusses energy pressures and China’s policy outlook.
Uneven global growth shapes Asia. Learn more about China bond views, AI‑linked markets, and curve value in Japan and Australia.
Moderating growth and increasingly divergent policy responses define Asia Pacific in 2026, underscoring the need for disciplined, relative value investing across markets.
Macro Signposts highlights weekly takeaways from the data analysis conducted by our team of economists and other experts.
Asia portfolio manager Stephen Chang and credit strategist Jingjing Huang discuss macro forces, China’s outlook, and where PIMCO is finding credit value.
Portfolio manager Stephen Chang shares insights on China, emerging markets, and the global outlook for today’s investors.
Understand the impact of U.S. tariffs on China and Emerging Markets with insights from Asia portfolio manager Stephen Chang.
Explore how the renewed U.S.-China trade tensions could impact Asia and global markets with portfolio manager Stephen Chang.
PIMCO’s Asia investment team analyse how domestic policies and external influences are shaping growth trajectories and investment opportunities across the APAC region.
What do China's latest stimulus measures mean for investors? Is India the next big opportunity as capital flows diversify? Gain insights from portfolio manager Stephen Chang.