CHINA+ DATA WRAP 6 November 2025: Japan's full-time wage growth slows

Full-time regular pay growth slowed a tad
Real wages extended their decline in September

CHINA+ DATA WRAP 5 November 2025: RatingDog PMI points to efficiency gains

Efficiency gains help profits but hurt labour demand

CHINA+ DATA WRAP 31 October 2025: Modest rise in inflation won't shock BoJ

Investment stimulus should lift China's manufacturing index from October's trough
Tokyo inflation bump driven by local water subsidy expiry

China+ Datanote: BoJ Decision, Japan, October

In one line: BoJ stands pat amid trade uncertainty and wage caution as Takaichi takes helm

October 2025 - China+ Chartbook

• - CHINA DOUBLING DOWN ON MANUFACTURING-LED MODEL
• - JAPAN’S NEW PRIME MINISTER LIKELY TO MODERATE POLICY
• - BOK SHOULD LEAN TOWARDS EASING IN NOVEMBER

CHINA+ DATA WRAP 24 October 2025: Modest rise in inflation won't shock BoJ

In one line: BoJ won’t be shocked by modest rise in inflation; likely to hold rates next week waiting for clarity on the new government’s fiscal easing 

China+ Datanote: Foreign Reserves, China, September

In one line: China’s FX reserves edge higher, supported by portfolio inflows and persistently strong trade surplus.

China+ Datanote: Tankan Survey, Japan, Q3

In one line: Fimer Tankan readings pave way for BoJ policy normalisation in October.

CHINA+ DATA WRAP 8 October 2025: Japan's wage growth slows again

In one line: Japan's wage growth slows again, with bonuses hit by tourism weakness

China+ Datanote: Industrial Profits, China, August

In one line: China’s industrial profit rebound lacks breadth, with only seven industries show accelerating positive gains.

CHINA+ DATA WRAP 30 September 2025: Modest manufacturing improvement in PMIs

In one line: Manufacturing sector improved ahead of investment stimulus

CHINA+ DATA WRAP 26 September 2025: Tokyo headline inflation steady

Tokyo headline inflation steady, after launch of childcare subsidies

September 2025 - China+ Chartbook

• - CHINA LIKELY TO LAUNCH INVESTMENT STIMULUS SOON
• - BOJ SHOULD STILL HIKE, DESPITE POLITICAL RUCTIONS
• - KOREA’S EXPORTS TUMBLE IN SEPTEMBER

China+ Datanote: LPR, China, September

In one line: China’s commercial banks keep LPR steady in September; PBoC wary of a buoyant equity market

China+ Datanote: BoJ Decision, Japan, September

In one line: BoJ stays put on rates in September, starts ETFs and J-REITs offloading plan

CHINA+ DATA WRAP 24 September 2025: Japan's manufacturing weakening

Japan's flash PMIs reveal divergence between weakening manufacturing sector and resilient services activity

China+ Datanote: Money & Credit, China, August

In one line: lacklustre broad credit growth, excluding government bonds

CHINA+ DATA WRAP 15 September 2025: China's August broad activity cooling

In one line: China's August broad activity cooling likely to prompt additional targeted support

China+ Datanote: FX Reserves, China, August

In one line: Valuation effects lift China’s FX reserves in August; expect them to drive reserves higher in H2

China+ Datanote: Exports, China, August

In one line: China exports slow on low-tech weakness; US, Africa and LatAM slump offsets ASEAN strength