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June 19, 2024

China | An unbalanced economic structure with shrinking credit growth

China’s 2024 May economic activity indicators continue to display an unbalanced economic structure with strong supply and weak demand, although retail sales mildly picked up.

July 17, 2023

China | Economic recovery moderated in Q2 amid fading reopening effect

China’s Q2 2023 GDP growth moderated to 6.3% y/y, suggesting the previous strong recovery momentum came to a halt in Q2 amid the fading effect of reopening.

April 20, 2022

China | Shanghai lockdown effect has not been fully reflected in Q1 figures

China’s economic outlook of this year has been largely changed from its previous policy-led softlanding story by the recent flare-ups of Omicron and particularly Shanghai’s lockdown. However, this adverse spillover effect has not yet been fully reflected in Q1 GDP.