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15th Jun 2023 17:36China+, Daily Monitor

  • The PBoC cut the one -year MLF rate by 10 basis points yesterday, as part of a likely stimulus package.
  • China’s economy is slowing, notably the property sector and private business investment.
  • The consumption rebound is running out of gas, as the labour market is soft and the outlook uncertain.

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Keywords for: 16 June 2023 China+ Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence