China consumer confidence tanks
Fresh from Westpac’s Huy McKay (who really should be commended for the creation of this survey): The Westpac MNI China Consumer Sentiment Indicator, hereafter the Westpac MNI China CSI, fell markedly in October from an already weak level, printing 110.9 versus 113.2 in September, a –2.0% change over the month and –9.5% over the year.