MAY 13. End game for China?..selling 1 Trillion yuna bonds to the world..

[05/13] China’s consumer price index rose only 0.3% year-on-year in April. Compared to the 0.1% in March, the economy seems to be reviving a bit. It still seems far from what the Chinese government expects. Even though the domestic economic recovery is pushed so much, the result is It hasn’t appeared yet.

The annual PPI was -2.5% in April, better than the -2.8% in March. It’s still a sluggish situation. China remains in the middle of deflation. And to overcome this, China has a plan to issue 1 trillion yuan ultra-long-term government bonds.

Money will be used to develop high-tech industries such as semiconductors It’s a very socialist idea to intensively cultivate, but…they’re trying to do something, at least…

CPIs for the United States and Europe will be released this week. Biden’s tariff policy toward China will also be announced tomorrow. It is necessary to monitor the situation.

The U.S. stock market ended the day flat. We will see the CPI released tomorrow and then we will make a move.