Xi Jinping Spoke Without Convincing – The China of 2024 Is Strongly Reminiscent of the Japan of 1990.

Will China be able to emerge from the spiral of zero growth and deflation faster than Japan in the 1990s?

Just 48 hours ago, I told you that Xi Jinping was being awaited like the messiah by traders the world over. Everyone was waiting to hear what China's leader would announce to get his country out of its current monstrous stock market crisis.

Before going back over what was announced by Xi Jinping, a new figure was published this morning which is without a…