Just as China was left for dead, maybe a sign of light?/CRB index quietly at highest level since November 2022.

The main story this morning is the seeming policy shift by the Chinese authorities towards their housing market in order to bring back the buyers and end the stress. In a statement after the Politboro meeting, they did not include “housing is for living, not for speculation” in their commentary on housing as they said they want to “adjust and optimize p…