China+ Publications
Below is a list of our China+ Publications for the last 5 months. If you are looking for reports older than 5 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.
Weekly Monitor Global
- China’s Politburo meeting on Friday focused on growth and consumption, rather than tariffs directly.
- US doves want China to rebalance in favour of consumption, but no sign of talks being in the offing.
- Tokyo inflation jumped in April, due to a statistical quirk; the BoJ should stand pat on Thursday.
- President Xi concluded his tour of South-East Asian countries to push economic co-operation.
- China is leveraging on its large market in the face of worries over second-order retaliatory measures.
- China has appointed trade veteran Li as its new chief negotiator, signalling a readiness to talk.
- China acted as the adult in the room on Friday, saying it will not match any further US tariff hikes.
- This is hopefully the escalation off-ramp, paving the way for bilateral talks, probably in several months.
- Still, tariffs will likely remain high, hurting exports, worsening excess supply and so prolonging deflation.
- China’s all-out response on Friday to US tariff hikes is likely intended to get US-China talks going soon.
- We have cut our 2025 Japan GDP forecast by 0.2pp to 0.8%, due to the US tariff hikes announced last week.
- The BoJ is even more likely to hold fast on May 1, waiting for clarity, as Japan presses for lower tariffs.
