13 Dec 2021 Slow and Steady in November as Policymakers Double Down

Craig Botham13th Dec 2021 00:10China+, Daily Monitor

Early Chinese data point to a stabilisation—at low levels— of economic activity.
Infrastructure investment likely rose in November, partially offsetting the property slowdown.
Prepare for a harsher crackdown on the private sec- tor in 2022, and more infrastructure spending.

bank banks bloomberg bond bond issuance borrowing cash china chinese commodity construction construction pmi credit debt demand deposits developers dollar easing electricity fai growth finance focus government governments growth household housing imports investment it loan local governments m1 m2 monetary monetary policy mortgages pboc pmi policy policy easing president private sector retail rrr rrr cut sales sector soe tax us wage

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