Can a Chinese property TARP save iron ore?

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You will struggle to find a more China-biased bank than HSBC, but here is its wrap of the Politburo meeting. 


Facts

The April Politburo concluded on 30 April, with policymakers agreeing to hold the Third Plenum of the 20th NPC in July.

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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.