China's Central Bank is sitting on a massively-leveraged financial system with huge property exposure. Who should the head of the PBoC NOT be talking to?

https://twitter.com/M_PaulMcNamara/status/1097845860325646337

Yep – here's one caught my eye this morning as I was going through the usual updates… spurious, or about to get furious? pic.twitter.com/QbCZyHwByW
— Callum Thomas (@Callum_Thomas) February 18, 2019

China satellite manufacturing index YoY change now as low as it was prior the 2015 mini-devaluation.
The Chinese economy finally hit the Great Wall of debt.
With monetary and fiscal profligacy now following, a $CNY de-peg appears inevitable. pic.twitter.com/fVlvxUwcFB
— Otavio (Tavi) Costa (@TaviCosta) February 18, 2019

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