China’s credit market is plunging. Many reputable names and muni bonds falling 20%+ in a day. A recent near-default event spooked everyone. pic.twitter.com/TteK3U4e1Z
— Hao HONG 洪灝, CFA (@HAOHONG_CFA) November 12, 2020
Monthly loan growth tapered off a bit in China during October, and indeed on a number of fronts we've noticed a clear element of forbearance on the policy front.
That said, an existing tailwind of previous easing (this year and last year) remain in the pipeline for China… pic.twitter.com/Oi8bOeDTdb
— Topdown Charts (@topdowncharts) November 12, 2020
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