China – no household sector revival
The belated release of the PBC's consumer survey continues to show falling price expectations, and so hint at rising real rates.
![China – no household sector revival](/content/images/size/w2000/2024/04/China--households----of-deposits-held-on-demand.png)
The belated release of the PBC's consumer survey continues to show falling price expectations, and so hint at rising real rates.