Rare? Not so sure about that. The PBoC and MOF have a long history of finger pointing at times when macro conditions in China aren’t moving in the desired direction.
It is ironic, too, that China – what we are told is a communist bastion – is where you will find a genuine separation of powers between monetary and fiscal policy.
I think we can all agree that Yellen has Powell on speed dial.
https://www.bloomberg.com/news/articles/2024-08-02/pboc-adviser-issues-rare-criticism-of-china-s-economic-policies?srnd=homepage-americas&sref=lgMFFI0d
prc30 / Peter Alexander
npub1yy…4kawc
2024-08-02 01:33:42
Author Public Key
npub1yy3uc7y85faxy5cwq8f574yda3j9457p7r9h2ymlkwlx6lp8f4vsy4kawcPublished at
2024-08-02 01:33:42Event JSON
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"content": "Rare? Not so sure about that. The PBoC and MOF have a long history of finger pointing at times when macro conditions in China aren’t moving in the desired direction. \n\nIt is ironic, too, that China – what we are told is a communist bastion – is where you will find a genuine separation of powers between monetary and fiscal policy. \n\nI think we can all agree that Yellen has Powell on speed dial. \n \n\nhttps://www.bloomberg.com/news/articles/2024-08-02/pboc-adviser-issues-rare-criticism-of-china-s-economic-policies?srnd=homepage-americas\u0026sref=lgMFFI0d",
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