China Watch: This is NOT stimulus. It’s a debt swap!

760 Views31 Oct 2024 15:49

SUMMARY

Welcome to the Weekly China Watch, where we examine the Chinese landscape through the lens of Western investors.
A month ago, flows into China surged following what seemed like a “whatever it takes” moment by Chinese authorities.
However, these flows have since dwindled, and markets are growing weary of the “headline hockey” or “briefing bingo” from Chinese authorities, who continue to throw around billions and trillions through eye-catching headlines.

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