China Chart Pack The People’s Bank is back The People’s Bank of China (PBC) sat on the sidelines of foreign exchange markets in 2012 with net purchases close to zero for much of the year. But it has burst back into the game, buying $56bn of... 28th March 2013 · 1 min read
Emerging Europe Economics Update Rise in inflation to be limited Emerging market inflation has risen in recent months and is set to continue along this upward path in the near future. Looking further ahead, however, weak core price pressures combined with the fact... 27th March 2013 · 1 min read
Emerging Markets Economics Update BRICS summit more about politics than economics At their summit in South Africa today and tomorrow, leaders of the BRICS are expected to announce progress towards setting up a development bank and to outline a plan to pool some of their foreign... 26th March 2013 · 1 min read
China Economics Update Equity rally reverses China’s equity prices have dropped since late February, bringing to an end the rally that started in early December. Meanwhile, the People’s Bank has resumed large-scale foreign exchange purchases to... 26th March 2013 · 1 min read
China Data Response HSBC/Markit Flash Manufacturing PMI (Mar.) Today’s flash PMI from HSBC and Markit points to a rebound in manufacturing activity in March. The latest figures were stronger than expected but with other recent releases disappointing and the usual... 21st March 2013 · 1 min read
China Activity Monitor CAP points to surprise slowdown in Q1 The Capital Economics China Activity Proxy suggests that economic growth is slowing in the current quarter, much sooner than most had expected. 20th March 2013 · 1 min read
Emerging Markets Economics Chart Pack Sentiment has turned against EM assets Sentiment toward EM assets has turned negative over the last month despite the relatively upbeat performance of many developed markets. Equities have come off recent highs, currencies have mostly... 20th March 2013 · 1 min read
China Economics Update The view from the ground – Q1 2013 Confidence is rising, but business leaders in China are less upbeat about conditions for their own firms than they are about the wider economy. This suggests that sentiment may be running ahead of... 19th March 2013 · 1 min read
China Economics Update First thoughts on Premier Li Keqiang Premier Li Keqiang has taken office with pledges to tackle inequality, boost urbanisation and deal with vested interests. These are all major economic concerns. But longstanding China watchers may... 18th March 2013 · 1 min read
Emerging Markets Economics Update EM recovery falters Our EM GDP Tracker provides tentative evidence that the recent emerging market recovery is losing steam. Growth slowed slightly in Emerging Asia and Latin America in January, and continues to be very... 18th March 2013 · 1 min read
Emerging Markets Trade Monitor Divergence in export performance deepens The recovery in Emerging Market exports continues to be concentrated in Asia. By contrast, exports from other EM regions, and commodity producers in particular, remain disappointing. 14th March 2013 · 1 min read
China Economics Update New leadership edging forward with reform Economic reform appears to be getting off to a slow start under the new leadership but moves to reduce government oversight of investment and other business operations suggest that it is at least... 14th March 2013 · 1 min read
Global Markets Update Is the underperformance of EM equities set to continue? While the recent underperformance of emerging market (EM) equities has been surprising given the strength of developed market (DM) equities, we think it may continue for a while yet. 13th March 2013 · 1 min read
Emerging Markets Economics Focus The new "Growth Stars" - which EMs are set to shine? As the BRICs enter a period of slower growth, new emerging market “growth stars” will come to the fore. We are particularly upbeat on the economies of sub-Saharan Africa and South East Asia. But... 12th March 2013 · 1 min read
China Economics Update Economic rebound may already be stalling The weekend’s data releases suggest that China’s economic rebound is faltering sooner than expected, even by relative pessimists such as ourselves. 11th March 2013 · 1 min read
Commodities Update Will Chinese demand rescue commodity prices? There have been many conflicting signals recently on the prospects for China’s demand for commodities. Indeed, the February trade data, released earlier today, could be spun either positively or... 8th March 2013 · 1 min read
