151
HK Chief Executive Carrie Lam boarded flight to Beijing for the national day ceremony, shaking hands and taking selfie with fellow passengers. She’s flying with Air China.
152
Behold- China infrastructure investment in January. Gone vertical!
153
Country Garden cut the selling price at one of its residential developments by 1/3. Those who paid full price smashed the sales office. Similar incidents had happened before, and will again. It’s impossible to remove “the guarantee of principal”（刚性兑付）in China.
154
China air cargo volume Y/Y cliff diving. The trade war effect has arrived.
155
Wuhan virus locked down. Nothing in or out.
Economist of the Year - Asian Private Banker; FT Book of 2020; No.1 Strategist/Economist - AsiaMoney. “The man who called China’s boom & bust” - Bloomberg