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KFVG - The Extent And Implications Of The China Slowdown
KRANESHARES TR
China’s growth q/q seasonally adjusted slowed considerably in Q3.
Journalistic accounts have attributed the Q3 slowdown to the financial fallout from the Evergrande default as well as more general real estate troubles, slowed auto production due to chip shortages, and power outages/shortages.
The relationships that obtained pre-pandemic are unlikely to hold fully in the current environment, but the implications are straightforward.