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@ChinaBeigeBook
"Pledged equity is the biggest source of pressure on #China's stock mkts at present"
The stock mkt is not the economy, & a stock rout doesn't augur a loss in growth momentum. But margin calls = where this all gets tricky.
https://t.co/3KW6dlLYge
CBB's Scissors to @LATimes: "When Beijing said it was going to match the $50B in tariffs, [DC] viewed it as treating the Trump Admin as weak"
https://t.co/ziNww3OoyA
CBB's Scissors chats w/@FT: "Future talks could still defuse the [trade war]. But facing midterm elections in Nov, “the president needs to be able to say he took action to shrink the #trade deficit."
https://t.co/lsrU1fzmMn
About Cbb
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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.
CBB IN THE News
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