Stop asking the wrong questions on China

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Karen Maley does it today:

What to make of China? Investors trying to get a read on the health of the world’s second largest economy – and its biggest commodity consumers – are left confused by the contradictory claims of both the bulls and the bears.

…The bulls were heartened by signs that total financing in the Chinese economy grew strongly in January, led by a pick up in bank loans and property mortgages.

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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.