BROADLy speaking,for the past four years we have been talking about how momentum loss in the Chinese economy is inevitable,and will continue.Put plainly,the near-term headwinds are just too big.Industrial performance ...BROADLy speaking,for the past four years we have been talking about how momentum loss in the Chinese economy is inevitable,and will continue.Put plainly,the near-term headwinds are just too big.Industrial performance and fixed asset investment are still too highly correlated to policy and credit.展开更多
文摘BROADLy speaking,for the past four years we have been talking about how momentum loss in the Chinese economy is inevitable,and will continue.Put plainly,the near-term headwinds are just too big.Industrial performance and fixed asset investment are still too highly correlated to policy and credit.
