China Embarks On New Liquidity Impulse To Stimulate Economy As Country Reopens. AIA Weekly 12-31-22

As reported China is not wasting time and is re-opening its
economy by ripping the band-aid off. There should be a lull as
the virus sweeps through the population.   


However, experience in other countries tells us that when herd
immunity is achieved we should see a rush of consumer spending as
the population emerges from three years of lockdowns.
  


This coincides with the PBOC now engaging in a new liquidity
cycle which in the past has led to a rise in commodity prices.