Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

China+ Publications

Below is a list of our China+ Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep

Please use the filters on the right to search for a specific date or topic.

Kelvin Lam (Senior China+ Economist)

4 December 2024 China+ Monitor Korea's export trend slowing amid growing global trade tensions

  • Korea’s headline export growth eased in November, but work-day-adjusted data showed a bounce-back.
  • The rebound was driven by stronger ASEAN shipments; overall growth momentum is slowing.
  • We expect the BoK to ease by 75bp in 2025 to counteract the increasingly uncertain export outlook.

Kelvin Lam (Senior China+ Economist)China+

15 November 2024 China+ Monitor China's deflation risks set to linger well into 2025 amid Trump victory

  • China’s consumer inflation is dragged down by volatile food and energy prices, but core prices are improving.
  • Producer deflation steepened, masking construction-material price rises, likely due to stimulus demand.
  • Mr. Trump’s US election victory will depress Chinese growth and likely keep inflation subdued for longer.

Kelvin Lam (Senior China+ Economist)China+

12 November 2024 China+ Monitor China's credit growth at historic low; impact from stimulus yet to show

  • China credit demand growth hit a record low in October, with TSF growth at its weakest since 2003.
  • Loans to the real economy fell further due to slowing corporate and household borrowing.
  • The economic support measures so far have given China’s credit demand limited uplift.

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Exports, Korea, October

In one line: Korea’s export momentum wanes in October amid despite semiconductor boost

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Caixin Manufacturing PMI, China, October

In one line: China’s Caixin manufacturing PMi rebounds as stimulus starts to take effect

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Manufacturing PMI, Korea, October

In one line: Korea’s manufacturing sector sees mixed signals as PMI holds steady in October

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 1 November 2024

China’s Caixin manufacturing PMi rebounds as stimulus starts to take effect

Korea’s export momentum wanes in October amid despite semiconductor boost

Korea’s manufacturing sector sees mixed signals as PMI holds steady in October

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 27 October 2024

China's industrial profit plunge underscores urgent need for stimulus

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Tokyo CPI, Japan, October

In one line: Tokyo inflation slows, but core pressure remain firm ahead of Sunday’s election; BoJ likely stands pat in next week’s meeting

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: MLF rate, China, October

In one line: China’s MLF rate unchanged after September’s cut; Tight funding conditions in banks open window for RRR cut

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 25 October 2024

Tokyo inflation slows, but core pressure remain firm ahead of Sunday’s election; BoJ likely stands pat in next week’s meeting

China’s MLF rate unchanged after September’s cut; Tight funding conditions in banks open window for RRR cut

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Loan Prime Rates, China, October

In one line: Chineses banks lower LPR to preserve NIM amid falling mortgage rates for existing borrowers.

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: 20-Day Exports, Korea, October

In one line: Early Korean exports slow, dragged down by weaker petroleum products and mobile handsets shipments.

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 21 October 2024

Chinese banks lower LPR to preserve NIM amid falling mortgage rates for existing borrowers

Early Korean exports slow, dragged down by weaker petroleum products and mobile handsets shipments.

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: National CPI, Japan, September

In one line: Japan’s core inflation remains strong; the BoJ is unmoved by CPI fall driven by transitory factors.

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 17 October 2024

In one line: Japan's Exports Fall Unexpectedly in September on Weaker Asian Shipments

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Exports, Japan, September

In one line: Japan's Exports Fall Unexpectedly in September on Weaker Asian Shipments

Kelvin Lam (Senior China+ Economist)China+

29 October 2024 China+ Monitor Japan's election result makes BoJ rate path more uncertain

  • Japan’s incumbent LDP failed to secure a majority in the lower house in Sunday’s election.
  • China’s industrial profits plunged in September due to torpid domestic demand and producer deflation.
  • All eyes are on the NPCSC meeting, scheduled for after the US election, for details of fiscal stimulus.

Kelvin Lam (Senior China+ Economist)China+

October 2024 - China+ Chartbook

  • - CHINA FINALLY TAKES ACTION, BUT IS IT ENOUGH?
  • - BOJ’S DECISION COMPLICATED BY POLITICAL RISKS
  • - BOK SHIFTS INTO RATE-CUTTING MODE

Kelvin Lam (Senior China+ Economist)China+

18 October 2024 China+ Monitor China's fresh property policies nopanacea to the ailing market

  • China has doubled its financial support for white- listed property projects, aiming to steady the sector.
  • China’s exports surprised negatively in September, due to slowing demand from the G7 and BRICS.
  • Uncertainty in the external environment has risen amid trade protectionism and geopolitical tensions.

Kelvin Lam (Senior China+ Economist)China+

  Publication Filters

Change View: List   Small Grid  

Filter by Keyword

Filter by Region

Filter by Publication Type

Filter by Date
(6 months only; older publications available on request)

  Quick Tag Filters
Consistently Right
Access Key Enabled Navigation
Keywords for: China+ Documents

independent macro research, China+ Document Vault, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence,