YANG - China Bear Fund 3x leverageThere are numerous headwinds to the Chinese economy and normally I would say the CCP would be able to manipulate the mechanisms needed to keep stability, but not this time. This time it is different due to conflicting policies and factors outside of their control.
You have their 0 Cov policy which is causing widespread business disruption as the Chinese vaccine dose not seem effective against omicron and B.A2 variant.
You have them needing to strengthen the yuan due to the dollar ripping higher by selling USD but, they need the dollars to service debts and there is a dollar liquidity crisis which means they need to hold on to every dollar they can.
You have the ag sector not fully recovered from decimating their swine herd due to Swine Fever and crops disrupted due to last year's flooding plus a global fertilizer shortage.
Finally you have it as a bet that an autocratic regime, governed by a single man who has a record of shooting the messenger, to not respond to economic crisis nimbly, imaginatively and effectively.
Entry over the week of 4/25, averaged in at 20.40. Good luck and god speed.
