PM Note: China Caixin PMI November

• In one line: Caixin PMI confirms broad weakness in demand and output in China, as Covid policy is under the spotlight

Duncan WrigleyChina+

CHINA+ DATA WRAP 1 DECEMBER 2022: PMIs and Korean Exports Point to Weakness

PMIs and Korean Exports Point to Marked Weakness in Northeast Asian Economies

Duncan WrigleyChina+

PM Note: China PMIs November

• China's PMIs Show Mounting Economic Pressure as Covid Cases Surge

Duncan WrigleyChina+

CHINA+ DATA WRAP 30 NOVEMBER 2022: China's PMIs Show Mounting Economic Pressure

China's PMIs Show Mounting Economic Pressure as Covid Cases Surge

Duncan WrigleyChina+

CHINA+ DATA WRAP 24 NOVEMBER 2022: The BoK hikes by only 25 basis points

The BoK hikes by only 25 basis points, balancing worries about growth and inflation

Duncan WrigleyChina+

CHINA+ DATA WRAP 2 NOVEMBER 2022: Covid restrictions hit services activity hard

China’s Covid restrictions hit services activity more than expected

Duncan WrigleyChina+

2 Nov 2022 China+ Monitor China's Production Disruptions Weigh on Asian Regional Trade

• The Caixin manufacturing PMI showed a moderating pace of decline.
• Some companies increased input purchases, ahead of new product launches.
• Korean exports fell—notably to China and Japan— indicating regional supply-chain issues.

Duncan WrigleyChina+

PM Note: China Caixin Manufacturing PMI October

• In one line: Caixin manufacturing PMI shows moderating pace of decline 

Duncan WrigleyChina+

CHINA+ DATA WRAP 1 NOVEMBER 2022: China's Production Disruptions Weigh on Trade

China’s production disruptions weigh on Asian regional trade

Duncan WrigleyChina+

1 Nov 2022 China+ Monitor Covid Restrictions During the Congress Period Drag Down PMIs

• The October official manufacturing PMI fell, reflecting the impact of Covid restrictions...
• ...But services firms are optimistic about future business, despite current troubles.
• Construction firms expect stronger infrastructure demand to offset weak property development.

Duncan WrigleyChina+

CHINA+ DATA WRAP 31 OCTOBER 2022: Official PMIs Dragged Down by Covid Policy

Official PMIs dragged down by Covid restrictions during the Congress period 

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+

CHINA+ DATA WRAP 10 OCTOBER 2022: The same old story for China's service sector

Zero-Covid strikes again

Craig BothamChina+

CHINA+ DATA WRAP 05 OCTOBER 2022: Japanese domestic activity recovered in September

Japan’s post-Covid bounce continues

Craig BothamChina+

CHINA+ DATA WRAP 04 OCTOBER 2022: Core inflation rises as cost pressures build for Japan

Yen weakness makes itself felt in core inflation

Korean factory output fell further in September

Craig BothamChina+

CHINA+ DATA WRAP 03 OCTOBER 2022: Headwinds build for Japanese manufacturing

Headwinds build for Japanese manufacturing

Factory activity softened further as Q3 drew to a close

Craig BothamChina+

CHINA+ DATA WRAP 30 SEPTEMBER 2022: Chinese growth probably slowed in September

The SOE-private sector divide widens in manufacturing 

Zero-Covid weighs on the services sector once more

Craig BothamChina+

CHINA+ DATA WRAP 26 SEPTEMBER 2022: Weather and Covid drive divergences in Japanese manufacturing and services

Bad weather weighs on domestic manufacturing

Services recover as Covid recedes

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+

CHINA+ DATA WRAP 5 SEPTEMBER 2022: China's services sector slows, but still grows, despite Covid

China's services sector slows, but still grows, despite Covid

Craig BothamChina+