China’s latest inflation figures reveal a slight uptick in consumer prices, with the Consumer Price Index (CPI) rising 0.5% year-over-year, surpassing expectations. However, producer prices are still on a downward trend, albeit at a slower pace. These mixed signals suggest that while China may be edging out of its deflationary spiral, challenges remain as the central bank’s liquidity injections work their way through the economy.
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47 sats \ 4 replies \ @Satosora 9 Aug
When have they put in the injections?
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10 sats \ 3 replies \ @TomK OP 9 Aug
They started 'special operations' and rate cuts at the beginning of Q2 if I remember correctly
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47 sats \ 2 replies \ @Satosora 9 Aug
So it really hasnt had that much time to work.
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20 sats \ 1 reply \ @TomK OP 9 Aug
No. They're fighting their demografics with the Fiat printer like crazy. And it will only accelerate. I guess they could integrate BTC as a liquidity sponge like they're testing via the Hong Kong ETFs
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47 sats \ 0 replies \ @Satosora 9 Aug
I thought the HK etf didnt really do well?
They need to fight a lot harder because the building market is really bad.
Ghost cities everywhere.
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47 sats \ 0 replies \ @77edb424fc 9 Aug outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.