问题如下：
Li is a fixed-income portfolio manager based in London. As the relatively low returns in the developed markets, Li wants to explore opportunities in emerging markets. Song, a junior analyst in the firm made the following statements about the emerging bond markets:
Statement 1: Commodity producers and banks represent a much higher proportion of emerging market indexes.
Statement 2: Many emerging market bond issuers are government owned. These bonds can get explicit or implicit support in the event of a perilous financial situation.
Statement 3: Historically, recovery rates for emerging market bonds in default are lower than in developed markets.
According to the information above, which of the following is correct?
选项：
A.Statement 1 is wrong.
B.Statement 3 is wrong.
C.All the statements are correct.
解释：
C is correct.
考点：考察Emerging markets的特点
解析：三个statement都正确。Emerging bond index表现为较高的Commodity producers and banks权重；并且很多发行人具有政府背景，可以获得显性以及隐形的政府支持。从历史数据上看，emerging market的Recovery rates低于developed markets.
statement 1为什么正确？不理解。
