China+ Publications
Below is a list of our China+ Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep
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In one line: Japanese exports grow sturdily in March, lifted by strong Chinese demand and a weak yen.
Kelvin Lam (Senior China+ Economist)China+
In one line: The BoK stays put as inflation remains elevated, no surprise to the market.
Kelvin Lam (Senior China+ Economist)China+
- Japan’s exports grew solidly in March, thanks to burgeoning Chinese demand and a weaker JPY.
- Demand from the US and EU slowed, car-related shipments fell sharply, but chip exports soared.
- The export recovery will be safeguarded by the ICT upturn, while capital goods demand should improve.
Kelvin Lam (Senior China+ Economist)China+
- China’s Q1 GDP growth picked up, thanks to robust industrial output and consumer services spending.
- But a marked fall in industrial capacity utilisation points to burgeoning oversupply issues...
- …Fiscal stimulus should boost demand to mitigate the oversupply, eventually; meanwhile, PPI deflation.
Duncan WrigleyChina+
Chinese GDP beats expectations, despite an uneven recovery and looming oversupply issues
Duncan WrigleyChina+
- The PBoC left the MLF rate unchanged yesterday, likely wary of currency pressure.
- Social financing growth slowed in March, due to soft domestic demand and lower bond issuance.
- Government-bond issuance is likely to pick up in Q2, the key plank of short-term growth support.
Duncan WrigleyChina+
The PBoC keeps the MLF rate on hold, despite slowing credit growth
Duncan WrigleyChina+
The PBoC keeps the MLF rate on hold, despite slowing credit growth
Duncan WrigleyChina+
Disappointing credit data point to undercooked domestic demand, despite fiscal stimulus
Duncan WrigleyChina+
- China’s marked fall in exports in March highlights the need to boost domestic demand.
- After factoring out base effects and seasonality, exports are probably enjoying a modest rebound.
- The equipment & consumer goods trade -in schemes should be significant, despite slow policymaking.
Duncan WrigleyChina+
