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Deflationary fallout begins to emerge in this one place no one was expecting.

Eurodollar University

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The Politburo Statement: China's Reopening Faces New Pressures

The stock market is pricing the fact that demand remains insufficient and maybe, just maybe deflationary fallout will compound that problem. China's economy has never been in a good shape for a very long time. And now we have all this other stuff coming at it. Maybe there's a reason to be bearish on Chinese stocks.

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