Pantheon Macroeconomics
Best viewed on a device with a bigger screen...
12th Aug 2022 15:11China+, Daily Monitor
Chinese activity has slowed sooner than expected; the reopening rebound has failed to gain traction.
Supply-side stimulus measures are the wrong prescription for an economy lacking demand.
The PBoC delivered surprise easing yesterday, but it looks half-hearted, and will achieve little.
cement production, consumer confidence, credit, domestic demand, electricity, exports, government, July, June, liquidity, loans, local governments, manufacturing, mining, mlf, monetary policy, pboc, policy, policymakers, rate cut, real estate, repo, retail sales, rmb, tax cuts, unemployment, us, utilities, youth unemployment, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence