China Macro Data to Soften Even More, Citi's Apabhai Says

The video discusses China's aggregate financing and the insufficient PBOC stimulus to revive credit growth. Analysts predict a fall in growth, with global disinflation affecting bond markets. The trade war has led consumers to shift from luxury to staple goods. The macroeconomic data is expected to soften, with a clearer picture emerging in the second quarter, potentially affecting equity markets.

What types of goods are consumers in China moving towards?

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What is expected to happen to the macro data in China after the Chinese New Year?

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