China - Upswings And Implications

Jul. 12, 2022 11:39 AM ET, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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Summary

  • China’s credit aggregates signal that the stimulus is real and bringing results.
  • The negative differential between government bond yields in China and the U.S. narrowed a bit lately and can decline further if the current growth trends persist.
  • Low inflation in China helped to keep emerging markets “average” inflation well below developed markets after the pandemic.

Multi exposure of virtual abstract financial graph interface on Chinese flag and sunset sky background, financial and trading concept

Igor Kutyaev

China's credit aggregates signal that the stimulus is real and bringing results. Can the momentum be sustained, and what are the implications for the renminbi and EM inflation?

China Credit, Money Supply, Growth

China's credit aggregates hit several

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