China Activity Monitor Year ending with growth slipping Our China Activity Proxy (CAP) points to a slowdown to near 5% growth in November. The government Economic Work Conference just concluded with a pledge to increase fiscal support and hints that... 21st December 2018 · 1 min read
China Activity Monitor Strong construction activity propping up growth Our China Activity Proxy (CAP) suggests that growth held up fairly well in October, supported by robust construction activity. But with a property demand weak and signs that developers are becoming... 22nd November 2018 · 1 min read
China Activity Monitor Growth edges down, more weakness on the horizon Our China Activity Proxy (CAP) suggests that growth edged down last month and shows a more pronounced slowdown over the past year than the official GDP figures. We anticipate further weakness ahead as... 29th October 2018 · 1 min read
China Activity Monitor Growth holding up but outlook still challenging Our China Activity Proxy (CAP) shows surprisingly rapid growth in August. But with the impact of property controls and slower credit creation yet to be fully felt, growth still faces near-term... 21st September 2018 · 1 min read
China Activity Monitor Growth weakens Our China Activity Proxy (CAP) suggests that economic growth slowed in July to the weakest pace in five months. We think the slowdown has further to run. The US-China trade conflict will be a drag on... 22nd August 2018 · 1 min read
China Activity Monitor Boost from looser pollution controls starts to fade Our China Activity Proxy (CAP) suggests that economic growth softened slightly last month after picking up in April and May. We think momentum will weaken further over the second half of this year. 26th July 2018 · 1 min read
China Activity Monitor CAP eases growth concerns Worries about China’s economic outlook have increased recently. But our China Activity Proxy (CAP) suggests that growth strengthened in May to the strongest rate so far this year. 25th June 2018 · 1 min read
China Activity Monitor Economy accelerates as pollution crackdown ends Our China Activity Proxy (CAP) suggests that economic growth accelerated in April to a seven-month high as the government’s winter pollution crackdown ended. We think this mini rebound has now run its... 23rd May 2018 · 1 min read
China Activity Monitor Growth edges up as pollution controls ease Our China Activity Proxy (CAP) suggests that the easing of the government’s pollution crackdown contributed to a pick-up in economic growth last month. But the rebound will likely prove short-lived. 20th April 2018 · 1 min read
China Activity Monitor Growth stable at the start of the year Our China Activity Proxy (CAP) suggests that growth has stabilised recently after a sharp slowdown since the middle of 2017. Economic conditions may improve in the near term as the government’s... 22nd March 2018 · 1 min read
China Activity Monitor Growth stabilises at the end of 2017 Our China Activity Proxy (CAP) suggests that economic conditions stabilised at the end of last year after a fairly sharp slowdown since the middle of 2017. Growth may pick up slightly in the near term... 25th January 2018 · 1 min read
China Activity Monitor Economy much cooler as year ends Our China Activity Proxy (CAP) suggests that economic conditions stabilised in November but with growth much weaker than it was in the middle of the year. We expect a further slowdown during 2018. 18th December 2017 · 1 min read
China Activity Monitor Growth slows Our China Activity Proxy (CAP) suggests that economic growth slowed for a third month in succession in October, dropping to the weakest pace in over a year. With property curbs biting and credit... 23rd November 2017 · 1 min read
China Activity Monitor Economy losing steam? Our China Activity Proxy (CAP) suggests that growth in China slowed last month to the weakest pace in a year. Looking ahead, with property sales cooling and officials continuing their efforts to rein... 24th October 2017 · 1 min read
China Activity Monitor Growth still holding up well Our China Activity Proxy (CAP) suggests that growth in China remained strong last month, driven by healthy domestic demand. But as officials continue their efforts to rein in financial risks and with... 26th September 2017 · 1 min read
China Activity Monitor Growth jumps in July In contrast to the weaker official activity data for July, our China Activity Proxy (CAP) suggests that growth in China picked up last month to the fastest pace in nearly four years. However, as... 28th August 2017 · 1 min read
