2024-01-25 00:55:00 ET
Summary
- Weak Chinese growth has been a cause of widespread global concern, posing risks to both emerging economies and developed nations looking to renormalize their economies.
- Recent money supply trends suggest China’s economy is not out of the woods yet.
- The sizable gap between M1 and M2 suggests a lack of “animal spirits” in the Chinese economy.
Weak Chinese growth has been a cause of widespread global concern, posing risks to both emerging economies and developed nations looking to renormalize their economies....
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