While Albo’s cowards are piling Australia back into China, this is what the smart money is doing:
The latest balance of payments (BOP) data show that China’s net foreign direct investment (FDI) reached a new low in Q2, owing to both rising outward FDI and falling inward FDI.
PBOC’sQ2 Monetary Policy Report stated to continue to guide financing costs lower for corporates and households.
