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.
- Producer prices fall at a faster pace, thanks to volatility in global energy and commodity prices
Kelvin Lam (Senior China+ Economist)China+
- China FX reserves fall for the third straight month as capital outflow continues
Kelvin Lam (Senior China+ Economist)China+
- China saw a smaller decline of $13.8B in its FX reserves, to $3,101B, in October...
- ...Thanks to a less significant valuation effect and lower capital outflows via the Stock Connects.
- We expect capital outflows to moderate in Q4 as fundamentals strengthen on stimulus measures.
Kelvin Lam (Senior China+ Economist)China+
- Falling Chinese exports indicate weak global demand; Japanese wages pick up slightly
Kelvin Lam (Senior China+ Economist)China+
- Shenzhen’s backing for Vanke offers a possible blueprint for resolving Chinese developers’ issues...
- ...But only a few private developers are truly similar to Vanke, leaving many firms in a grey area.
- Japan’s wage growth picked up in October, mainly due to a downward revision of September’s data.
Duncan WrigleyChina+
- Korean exports rose in October for the first time in over a year, despite the sub-50 export order PMI.
- The rebound in chip exports is due to downstream restocking, while end-product demand is unclear.
- China’s October services PMI slowed, after the summer tourism and leisure activity bump.
Duncan WrigleyChina+
- China's services sector rebound is stalling
Duncan WrigleyChina+
- China's industrial profits posted a second straight month of growth in September.
- Revenue is growing faster than costs, as demand and pricing power improve.
- Industrial profits should continue to improve in Q4, due to a gradual rebound in domestic demand.
Kelvin Lam (Senior China+ Economist)China+
- China's October manufacturing PMIs were hit by falling export orders and output.
- Input costs rose, on the lagged effect of the global energy and commodity price surge in September.
- China's Financial Work conference Focused on real economy support and tackling hidden risks.
Duncan WrigleyChina+
- Korean exports rise in October for the first time in 12 months
Kelvin Lam (Senior China+ Economist)China+
- China’s manufacturing sector hit a soft patch in October
Duncan WrigleyChina+
- China’s manufacturing sector hit a soft patch in October
- Japan’s final PMI points to moderate activity decline
- Korean manufacturing PMI shows leading signs of stabilising demand
- Korean exports rise in October for the first time in 12 months, owing to base effects
Duncan WrigleyChina+
- The BoJ makes tweak to yield curve control policy, while expecting core inflation to fall in 2024
- China’s fall in manufacturing activity reinforces the need for continued economic support
- China’s infrastructure construction activity is holding up
Duncan WrigleyChina+
- The BoJ announced another change to make itsyield curve control policy more flexible yesterday.
- The switch to a soft "reference" target, from a hard cap, is likely to lead investors to test the BoJ.
- The Bank is likely to hold the line, just, until U.S. yields fall next year, relieving pressure on the JPY.
Duncan WrigleyChina+
- The BoJ tweaks its yield curve control policy, aiming to keep supportive settings in place
Duncan WrigleyChina+
