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China - April PMI
It wasn't a surprise that the official PMIs fell sharply in April, but the charts are nonetheless quite dramatic.
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China - April Politburo statement
The Politburo has gone a step further in supporting the economy, including real estate.
Public Post
China - weekly update
The government, fearing inflation or perhaps CNY weakness, is stepping up easing, but trying rather furtively.
Public Post
China - weekly update
The government's plan right now is to get the virus under control, and then guide companies back to work, thereby lifting the economy out of the covid shock without having to commit to a whole load of new 'stimulus'.
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China - March activity data
The National Bureau of Statistics reported today that the economy continued to recover in Q1, and overall was "stable". That's quite the positive spin.
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China - March property prices
Somewhat strangely, Chinese property prices in March continued to show signs of bottoming out.
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China - March foreign trade
YoY export growth is clearly slowing, and while the (somewhat patchy) leading indicators available for Chinese export growth suggest this weakening continues, the downside looks somewhat limited for now.