Spinee shared · Jul 14, 2023 04:41

PBOC SAYS CHINA IS NOT IN DEFLATION, NO DEFLATION RISKS IN 2H.

Deputy Governor Liu expects CPI to trend lower in July before rebounding in August. The figure could rise to 1%, ending the year with a U-shaped trend.

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$Hang Seng H-Share Index ETF(02828.HK)$ $Hang Seng Index(800000.HK)$ $Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$ $iShares MSCI China ETF(MCHI.US)$ $CNY/USD(CNYUSD.FX)$ $CNY/HKD(CNYHKD.FX)$ $USD/HKD(USDHKD.FX)$

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HopelessChi : China economy is in weak stage. everything said is not effective, the truth is the country is not doing well. the pullback will erase the gains this week. very simply sell off. US is clocking ATH, you know what I mean?

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