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Chinese investment crashed yet again in November, the second straight month of big-time declines. Only this time, FAI was joined by consumer spending. Retail sales in China also crashed last month, dropping by almost half a percent in November alone. That’s enormous. It follows terrible data on household lending and bank credit. All of it points to an increasingly familiar topic and condition: China's big economic slide is sliding right onto flat Beveridge.
Video Length: 00:21:08
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