Industrial Metals Update A more subdued outlook for China’s copper demand Following downward revisions to our projections for China’s growth, we are also nudging down our forecast for the price of copper. Despite sizeable policy stimulus in China, it has become apparent... 29th June 2016 · 1 min read
Emerging Markets Activity Monitor EM recovery continues Our GDP Tracker suggests that EM growth picked up for the third consecutive month in April, helped by an improvement in activity in Latin America and Emerging Europe. 28th June 2016 · 1 min read
China Economics Focus Is the China crisis over? A year after tumbling equity prices in China triggered fears about a collapse in the economy, the crisis many feared has not materialised. While more jitters are possible, a slump in growth over the... 28th June 2016 · 1 min read
China Activity Monitor Recovery still elusive The Capital Economics China Activity Proxy points to a pick-up in growth in May, but not the strong turnaround that policy support might have been expected to deliver by now. While growth should still... 27th June 2016 · 1 min read
China Economics Update The view from the ground – Q2 2016 The latest surveys of banks, companies and households in China released today suggest that business conditions and consumer confidence both improved this quarter. However, demand for loans remained... 24th June 2016 · 1 min read
China Economics Update Currency moves, not economic links, main Brexit concern The direct economic implications for China from the UK’s decision to leave the EU are small. A greater concern is that the renminbi could come under pressure to weaken against a resurgent dollar in... 24th June 2016 · 1 min read
China Economics Update Capital Flows Monitor (May) Capital flows out of China have stabilised in recent months and policymakers have responded by once again easing restrictions on cross-border flows. But outflows are likely to pick up again if the... 21st June 2016 · 1 min read
Industrial Metals Update China’s metals imports treading water China’s metals import demand in May remained robust but down from the highs reached in March. In some cases, lower supply and higher prices are acting as constraints on import volumes. 21st June 2016 · 1 min read
China Chart Pack China would shrug off a Brexit vote A vote by the UK to leave the EU on Thursday is unlikely to have much impact on China. The economic and financial linkages between the UK and China are small, at least as far as China is concerned. In... 17th June 2016 · 1 min read
China Economics Update Wealth effect weighs on Hong Kong consumption Private consumption growth in Hong Kong is at the weakest since 2009, even though the labour market is tight and real wages are growing strongly. The downturn in the city’s housing market and a slump... 15th June 2016 · 1 min read
China Data Response Bank Lending & Broad Credit (May) After accelerating since mid-2015, credit growth now appears to be stabilising. It may start to slow before long given that policymakers have in recent months refrained from further monetary easing. 15th June 2016 · 1 min read
China Data Response Activity & Spending (May) Industrial activity remained stable last month but a further slowdown in private sector investment raises concerns about the medium term outlook. 13th June 2016 · 1 min read
China Economics Update Why has stronger credit not lifted growth? Credit growth has been accelerating since the middle of last year and yet growth has remained sluggish, raising questions over the effectiveness of recent policy stimulus. 9th June 2016 · 1 min read
China Data Response Consumer & Producer Prices (May) Consumer price inflation edged down last month but remains at a healthy level. Meanwhile, producer prices continue to recover faster than anticipated on the back of rebounding commodity prices, easing... 9th June 2016 · 1 min read
Commodities Update China’s commodity imports holding up well China’s commodity demand remained strong in May. While arbitrage opportunities and stockbuilding may explain some of the strength, it also looks likely that fiscal and monetary stimulus measures are... 8th June 2016 · 1 min read
China Data Response Trade (May) China’s exports remain weak on the back of subdued external demand. But at the same time, recovering commodity prices and relatively resilient domestic demand are driving a recovery in import growth. 8th June 2016 · 1 min read
