<p>Industrial profits data for China in November 2023 has been released:</p><ul><li>+29.5% y/y for the month, up sharply from October's +2.7% y/y and its fourth consecutiv
<ul><li>Current level of rates can remain for some time</li><li>Should be a little patient and not raise rates too much to prevent choking off the economy</li></ul>
Leave a Comment