ANZ: China must cut rates

Monday 1 July 2013

Find below an alarmed report from ANZ about China’s sliding growth. Be aware that these guys have been calling for rate cuts in China for months. Their tone, however, is increasingly high pitched. Fat chance is my view. 7 day repo is so far today under control at 5.4%.

ANZ Quick Reaction – China June PMI.pdf by Tiffany Barton

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.