Lighthouse Macro

Lighthouse Macro

Chaos in China

Chinese equities whipsaw wildly

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Lighthouse Macro
Oct 09, 2024
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Investors returning from China's Golden Week holiday were initially greeted with what appeared to be an auspicious sign: a remarkable 10% jump in the CSI 300 index before the highly anticipated press conference of the National Development and Reform Commission (NDRC).

The NDRC is the agency that worked out the specifics of Beijing's monumental 4 trillion…

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