- Friday, 13 October 2017
- News
China Exports Remain Resilient as Rising Imports Signal Strength
China’s overseas shipments rose from a year earlier, narrowly missing estimates, the latest sign that Asian trade is holding up on robust external demand and a brighter global outlook. Exports increased 8.1 percent in September, the customs administration said Friday, less than the 10 percent projected in a Bloomberg survey. Imports rose 18.7 percent, exceeding estimates with the fastest growth since March, to result in a trade surplus of $28.5 billion.
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- Monday, 09 October 2017
- News
China's Services PMI fell to 50.6
The Caixin China Composite PMI™ data (which covers both manufacturing and services) signalled a weaker expansion in total Chinese business activity at the end of the third quarter. Notably, the Composite Output Index fell from 52.4 in August to a three-month low of 51.4 in September. The slowdown was driven by weaker increases in output at both manufacturing and services companies. A drop in the seasonally adjusted Caixin China General Services Business Activity Index from 52.7 to 50.6 in September pointed to only a marginal increase in services activity that was the slowest for 21 months.
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- Monday, 11 September 2017
- News
China's CPI up more than expected
China's consumer inflation rose to a seven-month high, as falls in food prices softened, dragging less on the overall index, official data showed Saturday. China's consumer-price index increased 1.8% in August from a year earlier, compared with a 1.4% gain in July, the National Bureau of Statistics said. Food prices edged down 0.2% on year, after dropping 1.1% in July. Nonfood prices grew 2.3% on year, compared with 2.0% on-year growth in July.
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- Monday, 14 August 2017
- News
China's Industrial Production figures missed market forecasts
Confirming the credit impulse peak is passed (June's surprise beats), China's July macro-economic data is ugly. Retail Sales, Industrial Production, and Fixed Asset Investment all fell and missed notably. For now the reaction is absolutely nothing. July’s industrial production rose 6.4% according to official figures. That was well below both the 7.1% gain expected and June’s 7.6% rise.
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