China Downside Surprises

By Menzie Chinn of Econbrowser.com
Tuesday, August 15, 2023 8:36 AM EDT

And PBoC acts. Data accessed 9:30pm Central.

 

Source: Bloomberg.

 

Graphical depiction:

Source: Bloomberg.

PBoC drops rates just before the release of these numbers.

Source: Bloomberg.

The yuan also drops.

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