China social security fund head Lou Jiwei: H'hold leverage ratio has risen to near 50%

Author: Eamonn Sheridan | Category: News

  • Household leverage ratio has risen to near 50%

All that cheap credit and rising house prices I guess ;-)

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Meanwhile, China steel stocks are higher this morning, despite US President Trump signing Thursday an executive order on looking into whether foreign steel imports hurt national security
(and ... updating further ... now some sliding into negative territory ... which seems to make sense to me)

Coal miners up also. Higher prices on commodity exchanges a positive.
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