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.
October
China Industrial Profits Fall Faster, but Equipment Manufacturing is a Notable Exception
Duncan WrigleyChina+
Japan's CPI Inflation Jumps on Food Price Hikes
Duncan WrigleyChina+
Japan Exports Slow in Further Sign of Weakening Global Growth
Duncan WrigleyChina+
- Steepening home price declines in October high-lighted the need for further targeted policy support.
- High-quality developers will benefit from a virtuous cycle of better funding driving sales...
- ...But the housing recovery will be uneven and drawn-out as confidence is gradually restored.
Duncan WrigleyChina+
China's Home Price Decline Steepens in October, as Developers Come Under Pressure
Duncan WrigleyChina+
- China’s economy suffered the October blues, due to Covid measures and Congress disruptions.
- Reviving the domestic economy is crucial, with exports trending down on a gloomy global outlook.
- Basic shifts in Covid and property policies will pave the way for a gradual growth recovery in 2023.
Duncan WrigleyChina+
China's broad slowdown in October is likely to mark the bottom, as policy shifts
Duncan WrigleyChina+
- China’s October credit data were below expectations, due to a weak economy, the Party Congress...
- ...The Congress likely disrupted policy-based credit extension for quasi-fiscal projects.
- China is still caught in a liquidity trap, with credit growing more slowly than M2 again in October.
Duncan WrigleyChina+
- In one line: China still caught in a liquidity trap, with credit weakening again over the Congress period
Duncan WrigleyChina+
- China’s CPI inflation rolled over in October, owing to weak domestic demand and labour market slack.
- Overall food price rises decelerated, despite pork price rises speeding up.
- Producer prices began to fall, year-over-year, on slowing energy prices and weak demand.
Duncan WrigleyChina+
- In one line: Disinflationary CPI Trend Confirms Weak Domestic Demand
Duncan WrigleyChina+
Disinflationary CPI Trend Confirms Weak Domestic Demand
Duncan WrigleyChina+
- In one line: official explanation fails fully to account for increase in FX reserves
Duncan WrigleyChina+
China’s Trade Balance Barely Rises as Import Growth Overtakes Export Growth
Duncan WrigleyChina+
- China’s export data for October indicate weakening global demand, especially in the U.S. and E.U.
- The goods trade surplus widened only slightly, as imports held up relatively well.
- FX reserves rose in October, with more going on than accounted for by the official explanation.
Duncan WrigleyChina+
China’s Covid restrictions hit services activity more than expected
Duncan WrigleyChina+
- In one line: Caixin manufacturing PMI shows moderating pace of decline
Duncan WrigleyChina+
China’s production disruptions weigh on Asian regional trade
Duncan WrigleyChina+
