The party before the Party’s party
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
Oops.
Last week, we hazarded a guess that the issuance of RMB 300 billion worth of financial bonds announced by the State Council on Thursday wasn’t new funding.
We guessed it was likely part of the RMB 800 billion in new policy bank lending announced a few weeks back.
Looks like we were wrong.
On...