Tag: china economy
China official Manufacturing PMI 48.0 (expected 49.0) & Services 46.7 (expected 48.0)
The official PMIs from China's National Bureau of Statistics for November 2022Manufacturing a big miss at a horrible 48.0expected 49.0, prior 49.2Serv [...]
China Caixin / Markit manufacturing PMI due today – preview
Yesterday we had the official October PMIs:This snippet on what to expect today via ING: A slower contraction in the CAIXIN manufacturing activity ind [...]
World Bank slashes economic growth forecasts for China
Earlier post:Some of the numbers and reasoning from the Bank:2022 growth in the East Asia and Pacific region, which includes China, to slow to 3.2%, d [...]
China to provide guarantees for onshore bond issuance by some property developers -sources
Reuters with the info, citing four (unnmed) sources:Chinese regulators have instructed state-owned China Bond Insurance Co. Ltd. to provide guarantees [...]
China’s jobless rate for 16 to 24 year olds has hit its highest ever recorded
In news that'll have the Chinese Communist Party sweating bullets (and tanks too), China is reporting the unemployment rate amongst 16 to 24 year old [...]
More cities in China sent into COVID lockdown as cases mount
An acceleration of coronavirus cases late in the week has plunged more areas in China into tighter restrictions and complete lockdown.Including:In the [...]
China July CPI 2.7% y/y (vs. expected 2.9%)
China
inflation figures for July 2022China CPI 2.7% y/y (and 0.5% m/m)expected 2.9% y/y, prior 2.5% PPI 4.2% y/y (and -1.3% m/m)expected 4.8%, pr [...]
Weekend data – China’s exports in June beat estimates and grew at their fastest this year
China trade data for July 2022 was released on Sunday:
This
snapshot is from the ForexLive economic data calendar, access
it here.China's economy cont [...]
China’s Communist Party leaders say the GDP goal is guidance, not a target
Bloomberg with the headline. There is no way the 'around 5.5%' target previously announced will be reached, so the CCP is moving the goalposts. We had [...]
China official July Manufacturing PMI falls from June, and back into contraction. Again.
Official PMIs come from the China National Bureau of Statistics and the China Federation of Logistics and Purchasing.For July:Manufacturing 49.0, its [...]
Economic crises all around: What’s going on in India’s neighbourhood
All's not well in India's neighbourhood. Pakistan has recently got yet another prime minister. Sri Lanka is on the verge of defaulting on its foreign [...]
Economic crises all around: What’s going on in India’s neighbourhood
All's not well in India's neighbourhood. Pakistan has recently got yet another prime minister. Sri Lanka is on the verge of defaulting on its foreign [...]
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