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The China Shock Is Coming With Michael Pettis

Lead-Lag Live

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China, Beige Book - Is China a Good Place to Start?

The structure of the Chinese economy is really different than the structure of the US economy or the European economies. In those economies, the way we responded to COVID was partly a supply sharp and mostly a demand sharp,. The Chinese keep talking about boosting demand, but they don't know how to do it. So that gives it a lot more room for stimulus. China has low inflation because of excessive stimulus.

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