Ep 73 - China's Stock Market Rescue: How Big Is Beijing's Bet?

About this episode

China is stepping in to prop up its stock market, quietly opening the door to more outbound investment, and easing off the credit gas – all at once. • Coincidence? We don't think so. On this week's Trivium China Podcast, Andrew Polk sits down with Dinny McMahon (Head of Markets Research) and Joe Peissel (Lead Macro Analyst) to unpack: • Why the "national team" bought A-shares after last month's selloff, and why this intervention was smaller than last year’s • What SAFE's move to regularize QDII quotas signals about RMB internationalization • The quiet PBOC move to curb bankers' acceptances, and what it tells us about Beijing's deleveraging playbook • What the latest GDP and trade data say about China's widening "K-shaped" economy Tune in for the full breakdown. And while you're at it, make sure to check out Dinny's latest note on the pivot to deleveraging here. You won't regret it!