Pantheon Macroeconomics

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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.

china Kelvin Lam (Senior China+ Economist)

China+ Datanote: Exports, China, May

In one line: China's monthly exports rebounded in May, thanks to tariff reprieve.

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Foreign Reserves, China, May

In one line: China’s FX reserves rise modestly as bond revaluation offsets inflows

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Caixin Services PMI, China, May

In one line : China's services activity ticks up, but deflationary pressure still lurking in the background.

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Official Non-Manufacturing PMI, China, May

In one line: Golden Week boosts May's services activity in China, but overall non-manufacturing weighed down by weak resi-construction

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Official Manufacturing PMI, China, May

In one line: China's manufacturing activity shrinks at a slower pace in May due to US tariff reprieve

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Industrial Profits, China, April

In one line: China’s April profit growth masks uneven recovery beneath; Trade uncertainty clouds outlook 

Kelvin Lam (Senior China+ Economist)China+

May 2025 - China+ Chartbook

- CHINA MORE RESPONSIVE TO FALTERING GROWTH THIS YEAR
- JAPAN’S STUMBLING GROWTH A REASON FOR BOJ CAUTION
- BOK SET TO RESUME RATE CUTS IN MAY

Kelvin Lam (Senior China+ Economist)China+

April 2025 - China+ Chartbook

  • - CHINA DIGS IN AGAINST US TARIFF BARRAGE
  • - JAPAN FACES STAGFLATION RISK; BOJ TO STAND PAT IN 2025
  • - BOK LIKELY TO RESUME RATE CUTS IN MAY

Kelvin Lam (Senior China+ Economist)China+

March 2025 - China+ Chartbook

  • - CHINA CRANKS UP FISCAL SUPPORT; LIKELY MORE TO COME
  • - BOJ SHIFTING TO HAWKISH BIAS AS FOOD INFLATION RISES
  • - KOREA CHIP EXPORTS UNDER COMPETITIVE PRESSURE

Kelvin Lam (Senior China+ Economist)China+

January 2025 - China+ Chartbook

  • - CHINA’S Q4 ACTIVITY BUMP IS LIKELY TO FADE
  • - BOJ IS KEEN TO NORMALISE RATES
  • - BOK IS LIKELY TO RESUME CUTS, DESPITE POLITICAL MESS

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Exports, China, December

In one line: China's 2024 export value surpasses Covid peak, trade surplus hits record high

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: PPI, China, December

In one line: China’s producer price deflation eases further, but overcapacity risks remain.

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: CPI, China, December

In one line: China’s core inflation shows a silver lining; Headline CPI nears deflation on falling food prices.

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: FX Reserves, China, December

In one line: China’s foreign reserves fell more than consensus in December, thanks to sizable valuation effect.

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 31 December 2024

China's PMI data offers little cause for celebration

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Industrial Profits, China, November

In one line: China's industrial profits deteriorate amid insufficient demand and external uncertainty

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Manufacturing PMI, China, December

In one line: China’s manufacturing growth stabilises at best; more stimulus needed for broader growth

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Loan Prime Rates, China, December

In one line: China’s commercial banks kept LPRs unchanged in December.

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 16 December 2024

China's November activity data disappoints again, but property prices show improvement

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Money and Credit, China, November

In one line: China's credit demand from the real economy slows to two-decade low

Kelvin Lam (Senior China+ Economist)China+

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Keywords for: China+ Documents

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