bearish

China: Growth Inevitably Set to Flag as All Monetary Easing Proves Inefficacious

189 Views21 Aug 2024 17:57
​China's M2 is double the size of US M2, but further monetary easing futile amid capital flight and lack of credit demand amid deflation and over-capacity. RGDP growth expected to weaken in H2CY24.
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Prasenjit K. Basu
Chief Economist & Political Strategist
CrossASEAN Research
Multi-AssetMacroeconomicsCross Asset Strategy
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