Best viewed on a device with a bigger screen...
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 email@example.com, or contact your account rep
Please use the filters on the right to search for a specific date or topic.
Industrial production growth slowed sharply in July; no signs yet of infrastructure picking up the slack.
Delta is adding to the recent misery in retail sales; a Q3 GDP growth downgrade is now on the cards.
Japan's economy stabilised in the second quarter despite the rolling Covid hit and soft lockdowns.
PPI inflation is proving stubborn, while CPI inflation is just getting started.
Services inflation continues to rise, despite the broadening Delta scare.
Trade figures highlight the "mid-cycle" falter, as exports soften but imports stumble too.
July exports likely weakened, while imports will be boosted by the tail end of commodities inflation.
PPI inflation may not yet have peaked; headline CPI inflation is just about food prices.
M1 growth should now be troughing, but an RRR cut is looking more likely nonetheless.
From all the PBoC's vast toolbox, the most important thing right now is the clues to be gleaned over intentions on rates from open market operations.
Governor Kuroda was managing expectations about the new green fund-provisioning scheme in the press conference.
The PBoC followed through with a Reserve Requirement Ratio cut of 0.5 percentage points on Friday, hot on the heels of a strong hint to do so from the State Council meeting earlier in the week.
Energy inflation is not straightforward to forecast in China, thanks to the lack of clarity over the CPI weights.
China's on-balance sheet government deficit has recovered fast since the initial Covid hit early last year, reaching a seasonally adjusted 3.9% of GDP in Q1, on our calculations, up from the trough of 8.2% in Q1 last year, leaving it easily above the 5.3% average through 2019.
The potential for a consumption-led rebound in Chinese GDP growth is being underestimated, and we still expect a pop of faster growth.
No meaningful change in policy.
In one line: BoJ balance sheet to keep expanding till March 2022.
China's activity data were disappointing for May, raising serious questions about a limbo period in the middle of the year.
May IP weakness is about supply problems and the lagged effect of weak local government demand.
FAI still struggling under weak infrastructure investment.
Retail sales stumble while switching lanes.
We expect China's May activity data on Wednesday to lead to talk of slowdown, with the year- over-year growth rates for industrial production, retail sales, and the year-to-date, year-over-year rate for fixed assets all slowing.
Last year President Xi announced a new target
for China, with the importance of GDP targeting diminishing.
The PBoC has had its foot off the brake for most of this year so far, following tightening through the second half of 2020, culminating in its efforts to shake out speculative activity through a spike in interbank markets in January.
The authorities are growing increasingly uncomfortable with the upward march of commodity prices.
In one line: PPI inflation will edge higher and stay lofty through H2
Filter by Keyword
Filter by Publication Type
Filter by Author
Global Publications Only
Filter by Date
Inflation Growth Labour Market Monetary Policy Fiscal Policy Quantitive Easing Trade Investment Housing Inventories Banks Money Credit Inflation Expectations Asset Prices Industry Services Balance of Payments Saving Profits Companies Central Banks
China+ Document Vault,