Liftoff Imminent: China Injects Record Credit To Kickstart Economy
April 11, 2023 at 20:40 PM EDT
One would think that judging by last night’s weaker than expected CPI print (which the Fed would kill for), China is done flooding its economy with loans and various shadow debt instruments. One would be wrong. First things first, on Tuesday China Bureau of Labor Statistics reported that March CPI fell to +0.7% yoy (vs. […] Source