Unverified online posts about the potential reopening of China continue to inspire periodic rebounds in commodity and stock prices. After nearly two years of disappointment and $6 trillion of losses, last week, Chinese stocks soared on frenzied speculation that a bottom has finally arrived.

Then, on the weekend, bullish dreams were dampened once more as Chinese Health officials stated an “unswerving” adherence to current COVID controls as the country faces increasingly serious outbreaks. See Bloomberg: China to “unswervingly” keep to COVID-zero policy, dashing hopes.

China Beige Book analyst Leland Miller recently explained the paradigm shift unfolding in China and why many incorrectly extrapolate past growth and demand patterns forward.

Markets plunged on Monday after Xi Jinping clearly signalled to the world a new era within China. Leland Miller walks through the paradigm shift in China’s growth model going forward and how this spills-over into politics, economics, business and everything in between. Expecting a “slower, healthier” level of growth going forward, Leland helps investors walk through the new landscape he has been identifying for many years to come, but to hear that, you’ll have to tune in!

Also, see: China’s exports shrink in October, badly missing expectations for growth.