China’s “massive, sweeping, bazooka stimulus blitz” nothing burger

David Llewellyn-Smith

Wednesday 25 September 2024

Honestly, the state of reporting on China is a sad combination of ignorance and hope, with very little reality.

The poor reporting is led by Bloomberg which must have some kind of PR contract with the CCP.

Variant Perception sums up yesterday’s “massive sweeping bazooka stimulus blitz”:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.