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LATEST INSIGHTS
China’s Economy More Active Than Official Data Suggest
But trouble is lurking around the corner.
@ChinaBeigeBook
"To support growth, #PBOC raised rates only slightly in response to #Fed hikes. This caused the differential bt US & #China rates to narrow rapidly, to the pt it no longer offsets the cost of paying back external $ debt in ever-more-expensive USD"
https://t.co/NvhqBu3AMH
"What counts as 'illegal' content in #China is broadly defined, but includes work that 'endangers national security' or 'disturbs social order'."
100 million college-age boys just became public enemy #1
https://t.co/HuN4YoL7UO
"Peking Univ claims to have uncovered & eliminated an 'illegal org' w/the goal of subverting state power that had infiltrated the school's Marxist Society"
Always a conundrum when Marxists caught infiltrating the Marxist Society
https://t.co/YSJbfye3Ae
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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With a gun to their headOctober 30, 2018