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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.

22 October 2024 China+ Monitor China's property market sees fragile improvement in sentiment

  • Chinese banks cut both LPRs by 25bp yesterday, in a sign of support for sentiment and demand.
  • But the housing minister’s new demand-support policy fell well short of similar measures in 2015.
  • The overall residential market has a long way to go, though tier-one markets are showing signs of life.

Duncan WrigleyChina+

CHINA+ DATA WRAP 18 October 2024: China's GDP growth picked up in Q3

China picked up in Q3, but GDP growth will still need to double q/q in Q4 to get close to full-year target

Duncan WrigleyChina+

21 October 2024 China+ Monitor China's September activity data show stimulus is starting to gain traction

  • China’s Q3 GDP growth rose from Q2 but still needs to double in Q4 to get close to the full-year target.
  • Fiscal stimulus policies, via government investment and auto trade-ins, spurred activity in September.
  • Additional support is needed for China to restore inflation in the still-falling GDP deflator in Q3.

Duncan WrigleyChina+

China+ Datanote: China's new property policies will provide only a modest lift

China's new property market policies will provide only a modest demand lift 

Duncan WrigleyChina+

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+

16 October 2024 China+ Monitor China's credit demand is broadly soft, besides government borrowing

  • China’s September credit data point to a continued deterioration in private-sector borrowing demand.
  • Government bond issuance remains robust, but the key is rapid use of the funds for investment.
  • A modest fall in fiscal deposits suggests the policy growth pivot is gaining traction, albeit slowly.

Duncan WrigleyChina+

China+ Datanote: Exports, China, September

In one line: China export growth strategy faces challenges in H2, signalling growing need for domestic stimulus.

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: PPI, China, September

In one line: China’s insufficient demand and over capacity continue to weigh on producer prices

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 14 October 2024

In one line: China's deepening deflation fears highlight the need for greater fiscal stimulus

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: BoK Decision, Korea, October

In one line: The Bank of Korea cuts rates for the first time in four and a half years

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Exports, Korea, September

In one line: Korea’s resilient export growth continues on a working day adjusted basis in September. 

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 11 October 2024

In one line: The Bank of Korea cuts rates for the first time in four and a half years

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 7 October 2024

In one line: China's FX reserves rose more than expected in September

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 30 September 2024

In one line: China’s manufacturing downturn persists amid weak demand, while non-manufacturing activity stagnates

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Manufacturing PMI, China, September

In one line: China’s manufacturing downturn persists amid weak demand

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Tokyo CPI, Japan, September

In one line: Tokyo inflation dips in September as energy subsidies reinstated; Underlying inflation remains resilient

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 27 September 2024

In one line: China's industrial profit growth sees sharpest fall in 18 months; Japan's Tokyo CPI dips as energy subsidies reinstated

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 23 September 2024

In one line: Korea 20-day export growth remained resilient on a WDA basis

Kelvin Lam (Senior China+ Economist)China+

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

In one line: Korea 20-day export growth remained resilient on a WDA basis

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 18 September 2024

Weaker car shipments and US demand drag Japan’s exports in August.

Kelvin Lam (Senior China+ Economist)China+

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