China Activity Monitor No sign of crisis in latest activity data After the drama of the past few days, our updated China Activity Proxy (CAP) tells a relatively reassuring story about the state of China’s economy. 26th August 2015 · 1 min read
China Activity Monitor Economy was gaining momentum at end of Q2 Our China Activity Proxy (CAP) points to growth being markedly slower than the official figures show. That said, it supports the view that growth stabilised in Q2 and that policy support has recently... 22nd July 2015 · 1 min read
China Activity Monitor GDP growth on track to rebound in Q2 Although activity remains subdued in parts of the economy, most notably property and heavy industry, our China Activity Proxy (CAP) suggests that policy support is helping to shore up growth. 24th June 2015 · 1 min read
China Activity Monitor The worst may be over Our China Activity Proxy (CAP) confirms that growth weakened further last month. But with the recent step-up in policy support likely to shore up economic activity in coming months this could be about... 20th May 2015 · 1 min read
China Activity Monitor GDP growth target not under threat despite weak Q1 Our China Activity Proxy (CAP) provides further evidence that the economy slowed in Q1 but also supports the view that the extreme weakness in some of the data for March was due to seasonal... 22nd April 2015 · 1 min read
China Activity Monitor China’s growth slipping below 7% in Q1 Our China Activity Proxy (CAP) suggests that the economy has slowed markedly this quarter. We expect further policy support and are not too concerned about the outlook given how much room policymakers... 23rd March 2015 · 1 min read
China Activity Monitor Weak end to Q4 Our China Activity Proxy (CAP) suggests that growth stabilised in Q4, but that momentum across key parts of the economy was fading again in December. 28th January 2015 · 1 min read
China Activity Monitor Growth unlikely to have slowed sharply in Q4 Activity cooled in both industry and real estate in November but our China Activity Proxy (CAP) suggests that growth across the wider economy nonetheless edged up on the back of stronger activity... 18th December 2014 · 1 min read
China Activity Monitor Respite in property unlikely to last Although activity in industry cooled further in October, our China Activity Proxy (CAP) suggests that growth in the wider economy was stable last month, thanks in part to a respite in the downward... 19th November 2014 · 1 min read
China Activity Monitor China’s growth remains on a downward path Although activity in industry rebounded in September, our China Activity Proxy (CAP) suggests that the wider economy continued to slow last month. 27th October 2014 · 1 min read
China Activity Monitor China's growth slowing to five-year low in Q3 August may not have been as weak as it initially looked but the China Activity Proxy (CAP) suggests that China’s economy has nonetheless slowed this quarter, with continued weakness in real estate and... 22nd September 2014 · 1 min read
China Activity Monitor Economy loses momentum coming into Q3 Our China Activity Proxy (CAP) adds to evidence elsewhere that growth slowed in July after a strong end to Q2. Construction of affordable housing has helped shore up activity in the property sector... 22nd August 2014 · 1 min read
China Activity Monitor Economy was gaining momentum at end of Q2 Our China Activity Proxy (CAP) suggests that there was a strong rebound in economic growth at the end of Q2. The property sector remains a drag, but this was more than offset by relatively broad-based... 29th July 2014 · 1 min read
China Activity Monitor GDP growth steady in Q2 Our China Activity Proxy (CAP) suggests that economic growth stabilised in Q2 and on this basis we expect official GDP growth to come in close to Q1’s 7.4% y/y. The weakness in real estate is... 20th June 2014 · 1 min read
China Activity Monitor Property downturn yet to lead to broader weakness Our China Activity Proxy (CAP) suggests that, although heavy industry and real estate are showing signs of weakness, broader economic activity is holding up relatively well. 21st May 2014 · 1 min read
China Activity Monitor Downward pressures easing, but not for long Our China Activity Proxy (CAP) suggests that growth stabilised during the course of the first quarter. Nonetheless, we expect weakness in real estate construction to cause the economy to slow again... 29th April 2014 · 1 min read
