China once again misses consensus estimates on three of their latest data releases today, showing weakness in retail sales, industrial production, fixed asset investment, as well as a record high 20% youth unemployment rate. Given the deluge of macro data out of China so far this month, Weston Nakamura organizes and presents a clear, full picture of where China currently stands regarding the state of the domestic consumer, industrial manufacturing, and loans, credit and investments - the results of which point to an economy unable to regain traction following the sudden lifting of their strict COVID policies. In light of the TOPIX index hitting a new 33-year "bubble-level" high, and Japan as the world's best performing equity market globally in 2023, Weston also discusses the bear case for the Japan equity outperformance as seen by domestic Japanese institutional investors. -- Follow Market Depth On Spotify: https://spoti.fi/3mVTs9U Follow Market Depth On Apple Podcasts: https://apple.co/40dA2vm Follow Weston: https://twitter.com/acrossthespread Follow Blockworks: https://twitter.com/Blockworks_  Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ --or Disclaimer: Nothing discussed on Market Depth should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.