China - another city goes into lockdown. Also, China press says room for more rate cuts.

  • A couple of quick headline items out of China.

Tangshan has gone into lockdown due to rising COVID-19 cases.

This is a coastal, industrial prefecture-level city in the northeast of Hebei province.

tangshan 23 March 2022

Alos, the China Securities Daily has a piece in which it says it sees space for further rate & reserve ratio cuts (RRS)

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