Pantheon Macroeconomics

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7th Mar 2022 00:10China+, Daily Monitor, Weekly Monitor

  • Soaring energy prices will hit Chinese corporates harder than households, and Beijing will have to act. 
  • The PBoC will not be turning hawkish, despite the shock to inflation, instead boosting SME support. 
  • China's battle to support manufacturers is likely to renew tensions over its industrial policy this year. 

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