bullish
Time and Momentum
SUMMARY
- A very helpful and nuanced article from the Wall Street Journal about the CCP conference starting this weekend is a welcome change from the China-phobic rhetoric that had become increasingly dominant in the US, in particular the marking of US claims about China as exactly that, claims, rather than presenting them as ‘fact’.
- However, as usual, it has something of a laundry list of what is ‘going wrong’ in China, including on the one hand the fact that youth unemployment is high, as well as the fact that the population is set to shrink – when the latter is actually a ‘solution’ to the former.
- For us though, perhaps the most interesting statistic was that he has “appointed all but seven of the 281 members of the Communist Party’s provincial-level Standing Committees as of June”, confirming our earlier thoughts about his consolidation of power, and by extension his ability to obtain a third term.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
x