China Data Response PMIs (Aug.) China’s latest PMIs provide tentative evidence, which tallies with what our own China Activity Proxy is telling us, that the economic slowdown is bottoming out, albeit with the pace of growth... 1st September 2010 · 1 min read
China Data Response Hong Kong GDP (Q2) After another decent performance in Q2, Hong Kong’s economy seems to be on track for steady growth in the months ahead. The property market is looking frothy, but the government is already acting to... 13th August 2010 · 1 min read
China Data Response External Trade (Jul.) China’s July trade data suggest that global demand is still strong while the domestic economy is flagging. With the trade surplus not far off a record high, China's critics overseas are unlikely to... 10th August 2010 · 1 min read
China Data Response PMIs (Jul.) The latest PMIs provide further evidence that China’s economy is slowing, increasing the likelihood that policy will be loosened during the next few months. 2nd August 2010 · 1 min read
China Data Response NBS business conditions survey (Q2) Confidence has collapsed in real estate, but firms in other sectors remain upbeat about current conditions and the outlook. 9th July 2010 · 1 min read
China Data Response External Trade (May) Today’s confirmation that exports surged in China last month makes an early move on restarting currency reform more likely and should also dampen fears that the economy is heading into an abrupt... 10th June 2010 · 1 min read
China Data Response PMIs (May) China’s two purchasing manager indices are – for once – telling a similar story of slowing growth and easing price pressures. However, growth still appears fairly strong. The key message is that... 1st June 2010 · 1 min read
China Data Response Hong Kong GDP (Q1) Hong Kong’s economy maintained a strong pace of growth in the first quarter. As long as the global recovery continues, Hong Kong should beat most expectations over the rest of the year. 14th May 2010 · 1 min read
China Data Response External Trade (Apr.) China’s trade surplus reappeared in April and looks set to rise over the rest of the year. Against this backdrop, worries about the fallout from the Greek debt crisis are unlikely to delay a return to... 10th May 2010 · 1 min read
China Data Response PMIs (Apr.) China’s two PMIs are again giving conflicting messages on the state of the economy. About the only thing they agree on is that input prices have accelerated. But as long as manufacturers are not... 4th May 2010 · 1 min read
China Data Response Trade (Mar.) China’s first monthly trade deficit in six years might win it some respite from pressure to do more over its exchange rate, particularly if followed, as we expect, by a resumption of renminbi... 10th April 2010 · 1 min read
China Data Response NBS business conditions survey (Q1) Chinese firms are increasingly confident. In particular, large state-owned firms have rapidly recovered their optimism. But smaller businesses remain more subdued, which probably means that employment... 9th April 2010 · 1 min read
China Data Response PMIs (Mar.) Both of China’s purchasing managers indices are back at a level consistent with rapid output growth, while the price components give no cause for concern about inflation. 1st April 2010 · 1 min read
