These financial market signals are telling a different story about China’s economy

Xi Jinping makes a public pledge of allegiance to the Constitution at the Great Hall of the People in Beijing on March 10, 2023. Xie Huanchi/Xinhua via Getty Images China’s economy is stumbling, but financial markets don’t indicate that it will lead to a systemic crisis. That’s according to Louis-Vincent Gave, CEO of Hong Kong-based financial services company Gavekal. “The curious thing, though, is that such doom and gloom is not reflected in what the market is signaling.” China’s economic turmoil has raised fears of a global crisis similar to the 2008 financial crash, but several market indicators suggest otherwise,…