Chinese producer price inflation is now running at rates that annualize to double digits. Why would anyone hold paper yuan if this keeps up? Most Chinese and businesses haven't adjusted their yuan expectations. Can China stop yuan outflows into copper, cement, trucks, factories, steel, furniture, and even toilet paper? Chinese will hoard anything if it keeps value better than the yuan.
NBS: 2016年11月份工业生产者出厂价格同比上涨3.3%
Leading Index for Commercial Real Estate Increased 6% in April
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From Dodge Data Analytics: Dodge Momentum Index Rose 6% in April
The Dodge Momentum Index (DMI), issued by Dodge Construction Network,
increased 6.1% in Ap...
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