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@ChinaBeigeBook
Why are the ratings agencies going all out lately to outdo each other with silliness?
https://t.co/auUt1vburj
Two biggest eye-poppers in our new 3Q #China data? #Commodities & credit.
There's no liquidity squeeze. Some borrowers squeezed = allocation. RRR cut wouldn't move the needle.
https://t.co/iIXI9FqAue
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China Beige Book provides institutional investors and corporate decision-makers with market leading insights derived directly from our nationwide proprietary data on the Chinese economy.
