Fair to say that consumer confidence in China has completely collapsed…….. pic.twitter.com/suVOKmItFO
— Otavio (Tavi) Costa (@TaviCosta) July 25, 2022
🇨🇳 #China | The sharp decline of Consumer Confidence (the year of Xi reelection) also explains why officials will react quickly to any negative shock.
*HT @TaviCosta pic.twitter.com/V0fbdSlwEU
— Christophe Barraud🛢🐳 (@C_Barraud) July 25, 2022
China junk bonds pic.twitter.com/IaEFoZfp92
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) July 24, 2022
The more you peal the onion of Chinese Real Estate, the worst it gets, the more it stinks.
These issues get solved by PRICE.
And when it is this bad, PRICE usually moves LEFT. pic.twitter.com/LjMJGTsGTI
— Oscar G. Salem (@Bellehos) July 24, 2022