CHINA+ DATA WRAP 16 FEBRUARY 2023: Chinese Housing Prices Offer Glimmers of Hope

Chinese Housing Prices Offer Glimmers of Hope

Japanese exports decline on feeble global demand

Duncan WrigleyChina+

CHINA+ DATA WRAP 16 JANUARY 2023: China's New Home Prices Extend Decline

China's New Home Prices Extend Decline

Duncan WrigleyChina+

CHINA+ DATA WRAP 24 OCTOBER 2022: Official GDP beats expectations on infrastructure support, despite property drag

China's GDP rebound stronger than expected
Industrial output boosted by unblocking of supply chains
Consumption continues to struggle under zero-Covid policy
Property drags down fixed asset investment
Home prices fall more quickly in existing home market
China trade balance remains large despite slowing export growth
Japan flash manufacturing PMI points to a gloomy outlook

Craig BothamChina+

27 Sept 2022 China+ Monitor An Unsustainable Rebound for Japanese Growth in September

• Japan learns to live with Covid, but must still contend with slower global growth, and bad weather.
• The renminbi is tumbling, along with every other currency, but capital flight risks compel PBoC action.
• Rumours of a coup in China are based on a rogue Twitter account, and should be discounted.

Craig BothamChina+

6 Sept 2022 China+ Monitor Zero-Covid is Weighing on Chinese Growth Once Again

• China’s Caixin Services PMI confirmed a loss of
  economic momentum in August.
• Zero-Covid measures are tightening again, and no significant easing is likely in the next two months.
• The PBoC is fighting to defend the renminbi, which further limits its ability to help the economy.

Craig BothamChina+

2 Sept 2022 China+ Monitor A Cold Autumn, and Colder Winter, Looms for Global Exporters

• Korean export growth slowed again in August, and was worse than the headline...
• ...coupled with downbeat regional manufacturing PMIs, the outlook for global trade is bleak.
• Inflationary pressures are at least receding, along with demand, bringing a measure of relief.

Craig BothamChina+