CN Datanote: Exports, China, March

In one line: China trade surplus hit by soft exports and hi-tech driven imports

PM Datanote: RatingDog Services PMI, China, March

In one line: China’s RatingDog services PMI cools on payback effect, wither employment softening

CN Datanote: CPI, China, March

In one line: China CPI: Post LNY decline less pronounced as energy contribution rises 

CN Datanote: PPI, China, March

In one line: China ends 41-month of PPI deflation as war-driven energy spike lifts prices

CN Datanote: PPI, China, April

In one line: China’s PPI jumps on energy shock as war-driven reflation accelerates

CN Datanote: CPI, China, April

In one line: China’s CPI surprises to the upside as energy inflation accelerates in April

CN Datanote: Exports, China, April

In one line: China trade surplus rebounds as tech demand outweighs war-driven energy shock

CN Datanote: Foreign Reserves, China, April

In one line: China’s reverse jump in reserves reflects changes in market risk appetite

CN Datanote: RatingDog Services PMI, China, April

In one line: China’s RatingDog services PMI lifted by domestic demand on new product launches and innovation

PM Datanote:Industrial Profits, China, March

In one line: Hi-tech and energy-related upstream sectors drive Chinese industrial profit growth higher in Q1

PM Datanote: Loan Prime Rates, China, April

In one line: China’s LPR steady in April amid NIM pressure

28 April 2026 China+ Monitor Q1 industrial profits extend strong gains, led by high-tech and energy

• China’s industrial profits rose in Q1 on lower costs and higher revenues from precautionary front-loading.
• Producer reflation supported the rise, but was more evident in metals and upstream energy sectors.
• Profit growth will face pressure from war-related costs, fading front-loading and weak domestic demand.

April 2025 - China+ Chartbook

• - CHINA'S Q1 GROWTH SPURT COULD BE HIGH-WATER MARK
• - BOJ WILL LIKELY HOLD POLICY RATE AT APRIL'S MEETING
• - KOREA'S CHIP EXPORT RISE OFFSETS OIL IMPORT BILL

21 April 2026 China+ Monitor China rates steady on NIM pressure; ample liquidity cushioning growth

• China’s LPRs and de-facto policy rate were unchanged in April, amid pressure on banks’ margins.
• Banks started a new round of deposit-rate cuts, given the liquidity glut in the system from weak loan demand.
• The MoF is offering ultra-long special bonds at record levels, taking advantage of the risk-averse mood.

16 April 2026 China+ Monitor China's trade surplus squeezed by tech-led import surge

• China’s trade surplus narrowed sharply in March, as import strength outpaced exports, hit by payback.
• The import surge was led by high-tech items, with price effects outweighing geopolitical energy dynamics.
• Exports were distorted by LNY effects, but underlying momentum was notably weaker for the Global South.

9 April 2026 China+ Monitor Iran war hits China via trade channel, but with limited impact

• China has ramped up energy production from alternative sources in the wake of the Iran war.
• China has seen limited trade spillover; East Asian PMIs show a common theme of higher oil-driven input costs.
• Hong Kong’s PMI plunged on war uncertainty, with price pressures yet to feed through. 

March 2026 - China+ Chartbook

CHINA+ OUTLOOK
- CHINA RELATIVELY INSULATED FROM OIL-PRICE SPIKE
- BOJ WOULD HIKE EARLY IN A $150/BL OIL SCENARIO
- KOREA'S CHIP EXPORT RISE OFFSETS OIL IMPORT BILL

PM Datanote: Current Account, China, Q4 (Preliminary)

In one line: China’s Q4 current account surplus surges on strong goods exports 

CHINA+ DATA WRAP 11 February 2026: China's PPI reflation remains patchy; CPI falls back on Lunar New Year timing

China's PPI reflation remains patchy; CPI falls back on Lunar New Year timing

PM Datanote: PPI, China, January

In one line: China’s PPI deflation eases further in January, but improvements were patchy.