China’s Faltering Big 3 Stats Make A Mockery Of Central Bank “Stimulus”

China’s economic data in 2019, however, is putting to rest more than just the myth of RRR “stimulus.” There’s rebalancing. Green shoots. All of them up in flames now one-third of the way through this year.

Weakness not only persists, it grows worse as if dovish central banks don’t matter. They don’t.