Meanwhile….
THE BANK OF CANADA SEES THE WORST DROP IN BUSINESS SENTIMENT SINCE 2020.
— FinancialJuice (@financialjuice) October 17, 2022
2/In the original 2035 targets published in early 2021, the growth goals are new milestones for both gdp and per capita income (aka doubling from 2020 level). In contrast, the 20th work report only mentions new milestone for per capita income, not gdp.
— Houze Song (@hzsong) October 18, 2022
4/Related, major breakthrough in critical technologies (ie chip)"关键核心技术实现重大突破" has been removed, probably an acknowledgement of semiconductor setback
— Houze Song (@hzsong) October 18, 2022
🇨🇳 Chinese Junk Bonds Set Record Low as Property Crisis Spreads – Bloomberg
*Link: https://t.co/vsDqkf6qHz pic.twitter.com/hJUljNykut— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) October 18, 2022
h/t BoatSurfer600