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While Everyone Is Focused On The Banking System This Just Happened To China
Description
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You might be amazed at just how much Chinese authorities have tried to stabilize their system. If you knew, you'd understand why so much of Beijing is verging on panic-mode. The huge response has come up empty which is a clear signal for how much trouble there really is. For his part, Xi Jinping purged another official unsurprisingly related to financial markets (stocks).
Eurodollar University's Money & Macro Analysis
Bloomberg Xi’s Markets Shakeup Surprised Insiders, Showing Alarm Over Rout
https://www.bloomberg.com/news/articles/2024-02-08/xi-s-markets-shakeup-surprised-insiders-showing-alarm-over-rout
China's Securities Regulator
http://www.csrc.gov.cn/csrc_en/c102030/common_list.shtml?channelid=84bedf81e76a4c20b9f43a7c7190519b
Twitter: https://twitter.com/JeffSnider_EDU