Policy signals for the economy; Propaganda w…

Xi Jinping has had a busy few days. On Friday he chaired the monthly Politburo meeting that signaled a shift in the near-term policy mix for the economy as well as intensifying efforts in propaganda work. It looks like the message is “now that we have stabilized things we are going back to emphasizing structural reforms over stimuli”. We will have to wait and see how real that really is…

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