19/09/18

Alhambra: China Central Bankers Are Desperate... "Like 2015 Desperate"



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Alhambra: China Central Bankers Are Desperate... "Like 2015 Desperate"
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Authored by Jeffrey Snider via Alhambra Investment Partners,

Chinese Money Math

What has changed in China? Many if not most in the West haven't yet caught on because they can't conceive of where all this might be heading. One literal change was the appointment of Yi Gang as head of the People's Bank of China. Not only did he replace longtime chief Zhou Xiaochuan, Yi's elevation broke an even lengthier unwritten Communist rule.

Officials with overseas experience ....

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