PM Datanote: Money & Credit, China, April

In one line: rise in fiscal deposits likely points to temporary building activity disruptions due to severe weather.

14 May 2026 China+ Monitor What to expect from high-stakes Xi-Trump summit in Beijing

• The Xi-Trump summit is likely to be about optics and relationship building with no major policy breakthrough.
• China enters the talks with stronger leverage, as its trade exposure to US demand has declined sharply.
• Markets should monitor Phase Three trade talks, any Boeing deals, Iran war coordination, Taiwan arms sales.

CHINA+ DATA WRAP 12 May 2026: Japan's household spending slows

In one line: People curbed spending in response to fuel price hikes in March

12 May 2026 China+ Monitor China's inflation still under control despite energy bump

• China’s consumer inflation rose 0.2pp to 1.2% in April, on the back of fuel-price rises.
• The government will continue to soften the impact of high international energy prices on end-users.
• Industry is likely to bear the brunt of higher energy costs, amid still-sluggish domestic demand..

CN Datanote: Exports, China, March

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

PM Datanote: BoK Decision, Korea, April

In one line: BoK stays put, leaving canvas blank for incoming Shin amid war-induced growth and inflation risks.

PM Datanote: Wages, Japan, February

In one line: Japan’s solid wage growth beats expectations, supporting an April’s BoJ hike.

PM Datanote: Whole Economy PMI, Hong Kong, March

In one line: Hong Kong PMI falls below 50 for first time since August 2025 amid war uncertainty in the Middle East

PM Datanote: RatingDog Services PMI, China, March

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

PM Datanote: Exports, Korea, March

In one line: Korea exports surge on higher chip prices and post-LNY boost;  the BoK turns cautious 

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

CN Datanote: Whole Economy PMI, Hong Kong, April

In one line: Hong Kong PMI weakens as employment and domestic demand deteriorate amid war uncertainty

11 May 2026 China+ Monitor Beijing sets terms for Xi-Trump summit amid ongoing Iran tensions

• A US delegation was already in Beijing last week, paving the way for a likely visit from Mr. Trump this Thursday.
• April’s rebound in FX reserves reflects swings in market risk appetite as the war in Iran continues.
• China’s MoF plans to issue a record level of Dim Sum bonds in Hong Kong to rebalance liquidity offshore.

5 May 2026 China+ Monitor China's April manufacturing PMIs hint at front-loading by exporters

• China’s manufacturing PMIs held up well in April, despite the disruption from the war in the Middle East.
• This resilience should continue in the near term, though exports are likely to slow as global demand fades.
• The weak construction PMI likely reflects bad weather; the infrastructure investment rebound should continue.