Asia Document Vault
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Japan's Tankan survey for Q2 was unsurprisingly grim, given the devastation caused by the near- global lockdown in the first half of the quarter, and the nationwide state of emergency that enveloped April and May.... More by Miguel Chanco
In one line: Expect a bumpy recovery in Q3... More by Freya Beamish
In one line: Private manufacturers continue to play catch-up... More by Freya Beamish
Tankan suggests downside risks to our -6% y/y Q2 GDP forecast. Private manufacturers in China continue to play catch-up. Expect a bumpy recovery for Korean exports in Q3. Korean business sentiment is finally recovering.... More by Freya Beamish
China's economy looks to have shrugged off the supposed "second wave" of Covid-19, sparked by a cluster in Beijing's largest wholesale market for fruit and veg, looking at June's PMIs.... More by Miguel Chanco
In one line: Powering through Beijing's partial lockdown... More by Freya Beamish
Chinese manufacturing powers through Beijing's partial lockdown. The hot construction sector in China took a small breather in June. Unemployment in Japan is on track to breach the 3% mark for the first time since 2017. No immediate relief for Japanese industry from the withdrawal of the state of emergency. There is light at the end of the tunnel for the downturn in Korean industry.... More by Freya Beamish
Retail sales in Japan rose modestly in May, after collapsing in March and April, as the government tried to put a lid on the country's Covid-19 outbreak.... More by Miguel Chanco
Commodity-price pressures dampen Chinese profits' return to growth, Retail sales in Japan recover only modestly in May... More by Freya Beamish
Korea's government is mulling a further tightening of borrowing rules to mitigate the risks of an overheated property market.... More by Miguel Chanco
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