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Demystifying the Latest Data: NCUSCR’s Orlins Interviews Leland Miller

The National Committee held an event on March 25, 2021 with Mr. Leland Miller, where he explored the latest developments in China’s economy and their impact on the Sino-American relationship and Biden administration policy.

LATEST INSIGHTS

CBB’s Miller Joins Bloomberg Radio to Discuss Concerns w/Beefing Up US Govt Semiconductor Spending

@ChinaBeigeBook

EXCLUSIVE: Ant Group is exploring options for founder Jack Ma to divest his stake and give up control of the financial tech giant. @julie_zhuli reports https://reut.rs/3ajNrdO

True, & Beijing did this to itself. Juiced last yr's #s so CCP cld dramatically oversell speed & intensity of '20 recovery. Amusingly, reality may now be a bit better than govt data suggest

But downside of data juicing is it eventually catches up to you

https://www.reuters.com/breakingviews/china-makes-double-digit-growth-look-disappointing-2021-04-16/

"Property buys in #China funded thru bank loans fraudulently obtained by speculators are fueling red-hot real estate mkts & now alarming regulators"

Yes. Our Q1 data show how #Property largely evaded the #deleveraging effort hitting most everywhere else

https://www.reuters.com/article/us-china-property-frauds-idUSKBN2C30TA

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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.