And, lacking most of the shadow banking sector.#China is a giant with a (debt) clay feet.
๐https://t.co/k7YMLCEPMT#coronavirus #debt #economy https://t.co/gXwVgZnQby— Tuomas Malinen (@mtmalinen) February 24, 2020
Reminder
largest expansion of credit
in history
greater than entire US banking system, in a decade
If you believe their economic data, and their censored 'local' news, you'll love their loan loss reserves data ! https://t.co/rluLiw6Y4E pic.twitter.com/Z7fp98ZJCf
— G Stockus ๐๐ฅ (@beatlesonbankin) February 24, 2020
Here comes the fiscal stimulus #China>>#Beijing announces massive investment package for infrastructure, housing
The Chinese capital has announced to push forward 300 urban projects in 2020, involving 252.3B yuan (around 35.9B U.S. dollars) in investmenthttps://t.co/4aLmMx7VWT pic.twitter.com/2z6dlt2hRZ
— Tracy Shuchart (๐๐ฝ๐พ ) (@chigrl) February 24, 2020