Pantheon Macroeconomics

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Portugal Productivity Miguel Chanco (Chief EM Asia Economist) Ian Shepherdson (Chief Economist and Founder) Craig Botham

2 Mar 2022 Winter's Chill Starts to Fade in China, but Spring Isn't Here Yet

China's activity surveys were better than expected in February, and a touch of optimism is warranted... ...but should be freighted with caution, given holiday effects, and evidence that demand is still soft. Policy stimulus is feeding through, but stability is the watchword, not explosive growth.

Craig BothamChina+

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