China Economics Weekly US attack on RMB would flop, fiscal cliff avoided Some are speculating that the next salvo in the Trump administration’s efforts to hurt China’s economy could be foreign exchange intervention to force up the value of the renminbi. Such efforts would... 23rd August 2019 · 5 mins read
China Chart Pack Hong Kong’s role as a gateway to China at risk Hong Kong’s GDP is now just 3% of mainland China’s, down from 18% in 1997 when the city returned to Chinese control. But Hong Kong still serves as the main gateway between China and the world where... 22nd August 2019 · 12 mins read
China Economics Update Protests to push Hong Kong into a recession Disruptions from the ongoing protests look set to pull down Hong Kong’s GDP growth to its lowest since the global financial crisis this quarter and there is a growing risk of an even worse outcome if... 14th August 2019 · 4 mins read
China Data Response Activity & Spending (Jul.) After improving in June, economic conditions worsened across the board last month as growth in industrial production, capital spending and retail sales all dropped back. We see more weakness on the... 14th August 2019 · 2 mins read
China Data Response FX Reserves (Jul.) The latest FX reserves figures are consistent with the People’s Bank (PBOC) having remained on the sidelines of the FX market last month. But the relative calm of July will give way to a more eventful... 7th August 2019 · 3 mins read
China Data Response Caixin Manufacturing PMI (Jul.) The latest Caixin survey suggests that factory activity remained weak last month but that downward pressure eased somewhat, painting a similar picture to the official manufacturing PMI released... 1st August 2019 · 2 mins read
China Data Response Official PMIs (July) The latest surveys remain consistent with a renewed slowdown in growth. Downward pressure on factory activity eased this month, but momentum in services and construction weakened. 31st July 2019 · 2 mins read
