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China's stockpiling of important resources suggests they may be preparing for a major one-off devaluation of the CNY.
Despite local financial institutions hoarding bonds due to weak credit demand growth, China reported a strong 5.2% YoY Q1.
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EUR/USD vs China - Bloomberg Credit Impulse Index (6 Months Forward)
US Dollar YoY % vs US 10 Year 3 Month Yield Curve 12 Month Lead
US CPI YoY % vs China PPI YoY % 3 Month Lead & CNY/USD YoY %
