03.17.2024 - By Jeff Snider
China just held its National People's Congress amidst more economic and financial turmoil than at any time in its modern history. Two things quickly became clear: Xi Jinping continues to insulate himself politically from any potential fallout; his government has no idea what to be about it. The latest data from Chinese banks and the country's housing market highlight the gravity of the situation and how little policies are helping. Eurodollar University's Money & Macro Analysis People's Daily Graphic and Text Database
http://paper.people.com.cn/rmrb/html/2024-02/02/nw.D110000renmrb_20240202_3-03.htm China State TV The Opening Meeting of the Second Session of the 14th NPC
https://www.youtube.com/watch?v=nL7iqyx-dBA Bloomberg China Vanke’s Dollar Bonds Signal Fears of Default Down the Road
https://www.bloomberg.com/news/articles/2024-03-13/china-vanke-s-dollar-bonds-signal-fears-of-default-down-the-road Bloomberg China Sets GDP Goal That Needs Policy Support ‘From All Fronts’
https://www.bloomberg.com/news/articles/2024-03-05/china-s-gdp-growth-target-this-year-set-around-5-reuters-says https://www.eurodollar.university
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