Discover and read the best of Twitter Threads about #tradefriction
Most recents (1)
China is approaching a more proactive fiscal policy while the housing price, instead of the pork price, matters more to monetary policy, said CF40 member Wu Ge, 1/5. mp.weixin.qq.com/s/Cgxm_fsmvccK….
China has been witnessing a very different economic downturn. Externally, #tradefriction is pounding the periodically-easing global economy; internally, less satisfying macroeconomic data is under pressuring real estate control. 2/5
Unlike Japan and Germany who suffered from the pressure to liberalize trade with the US, China is adopting more varied policy mix. The RMB#exchangerate is gradually unhooked from the US dollar index since the #tradefriction, which will compensate for dropping overseas demand.3/5
