🇨🇳 PBOC's May easing has reached the offshore channel, but the order book hasn't followed Home Tags The day in view 🇨🇳 PBOC's May easing has reached the offshore channel, but the order book hasn't followed Macro Soup Newsroom May 29, 2026 3 min read Share on X Share on Facebook Share on LinkedIn Share on Pinterest Email Copy link Hong Kong's April M3 money supply jumped to 3.1% year-on-year from 1.2%. PBOC's May stimulus has reached the offshore channel. China's May NBS Manufacturing PMI, due imminently, will show whether it has reached real demand at all. Read next Macro Indicators in Focus 📚 What housing starts really measure, and why single-family versus multifamily matters more than the headline Featured Post The day in view 📰 Daily Macro Roundup: 2026-09-17
Macro Indicators in Focus 📚 What housing starts really measure, and why single-family versus multifamily matters more than the headline
Macro Indicators in Focus 📚 What housing starts really measure, and why single-family versus multifamily matters more than the headline
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