China's CPI growth was the weakest since the global financial crisis at -0.8% YoY in January. Equally dismal was the PPI reading of -3.4% YoY. There does seem to be a bit of activity in the services sector with slight price growth there but CPI for consumer goods was down -1.7% YoY, and PPI for consumer durables down -2.3% YoY.
China can look to support the stock market through various measures, but it is hard to ignore the economic reality. The Evergrande liquidation will be a drawn out process...
104983267 : logical analysis, positive yet cautious.