China QE Next? Caixin Reports Massive Bond Issuance Imminent Having disappointed the market with a lack of detail on its big stimulus, it appears Chinese authorities have resorted to the usual western practice of leaking details (strawmen) to the press in an effort to measure the market’s reaction function. As we detailed over the weekend, Saturday’s much-anticipated press conference by China’s Ministry of Finance, where many China watchers were expecting another major stimulus announcement with some hoping for a number as large as 10 trillion rmb, was a dud. “The policy to support consumption sounds quite weak,” said Jacqueline Rong,… — Continue at ZeroHedge News : Read More
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