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China is Spiraling Out of Control (Everything You Need to Know)
Another update from top Chinese officials on the status of "stimulus" comes amidst a flurry of macro and banking data from the country. While many will claim the former cancels out the increasingly grim nature of the latter, the previous data still matters at the very least to describe the size of the hole China will have to climb out of. Assuming it is even making a reasonable attempt to. That last press gathering provided few assurances.
Eurodollar University's Money & Macro Analysis
China NBS Consumer Prices September 2024
https://www.stats.gov.cn/sj/zxfb/202410/t20241013_1956899.html
CNBC…
The skinny
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