China economy Markets yuan

China Is About To Report The Slowest Growth In 28 Years – Who’s Excited?

This will be a true test of whether bad news really is "good" news.

This will be a true test of whether bad news really is "good" news.
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4 comments on “China Is About To Report The Slowest Growth In 28 Years – Who’s Excited?

  1. “Back” of tricks or bag. At least ghost towns aren’t padding current growth.

  2. Charles Ponzi esq.

    Does anyone anywhere actually believe the numbers published by China, which come out the day after the period closes and which are never revised?

  3. I’m really struggling with Goldman’s USDCNY upside call given China’s explicit moves so far to resolve its own middle-income-trap fears (e.g., regression to dictatorship, Taiwan tough-talk, and DPRK/ROK “unity” to threaten/motivate Japan to ramp up yen carry-trades into US markets (i.e., the nuclear holocaust trauma problem)).

    I’m already seeing the relief rally in oil as my favorite shale-country dance halls fill up again, but nobody around me is stupid benough to think another bust isn’t going to follow the boom again.

    We’re ready to revisit the boomlife and party for sure. The question for me is, can Xi relax long enough to let its people party with us too long enough to see Goldman’s call happen? My own confidence in that is below low…some traumas take generations to age out…

  4. Sucks commenting here without an edit feature for cleanup work…

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