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?

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? pic.twitter.com/SSZzfuc833

— Paul McNamara (@M_PaulMcNamara) February 19, 2019

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