🇨🇳 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 Featured Post The day in view 📰 Daily Macro Roundup: 2026-07-13 Paid Post The day in view 🇨🇳 China's AI export boom masks a consumer economy that's still shrinking
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