So there’s a big joint press conference in China tomorrow morning. 10am. NDRC. MoF. PBoC. SAT. This isn’t at all normal. #[0] #[1]
What do you think?
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I honestly have no idea but it is quite rare for this group to do a joint presser.
Odds on it being:
Taiwan?
Arming Russia announcement?
Invading India?
Complete debt collapse?
Military takeover?
Other?
Oh no no no. This will be directly related to addressing the economy. SAT = State Administration of Taxation. That is the odd man in this group.