中国宏观_是什么推动了风险偏好情绪_

Deutsche Bank Research Economics Date How to make sense of the seeming divergence between China's economic fundamentals and financial markets? We make three observations: (1) the recent economic slowdown is caused by the government's "anti-involution" policy, which may be positive for corporate profits, and also implies a "policy put" should growth slows further; China Macro 25 August 2025 What's driving the risk-on sentiment? We've been frequently asked lately why the Chinese onshore market suddenly turned ...