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…
Keep reading with a 7-day free trial
Subscribe to Lighthouse Macro to keep reading this post and get 7 days of free access to the full post archives.