
Hugh Hendry on the "Terrifying" Yen Move, and Risk of "Mad Max" Deflation
Odd Lots
Chinese Economy Resilience and Policy Levers
The Chinese economy has faced various challenges, but the anticipated major disasters have not materialized due to the use of policy levers in the command economy. Measures such as the three red lines proposition have caused issues like housing crashes, but overall, the government has been able to offset these disasters and buy time for the economy to recover.
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