China Economic ReviewThere were more signs of a general slowdown in China’s economy in August, with retail sales growing 3.4% year on year, down from 3.7% in July, and industrial output growing at 5.2%, down from 5.7% in July. Both growth rates are the most subdued this year, amid strains from a trade war and domestic headwinds. […]
Trade talks between Chinese and US representatives got underway in Madrid this weekend, with items such as TikTok, trade and the economy on the agenda, as well as doing the groundwork for a potential meeting between the two countries’ leaders. Trade and investment between the US and China has been on a downward trend in […]
Chinese government bond yields have climbed to their highest since November, with yields on 30-year Chinese government bonds rising 0.08 percentage points on Wednesday to 2.21%, and ten-year yields up 0.03 percentage points to 1.82%, their highest level since just before US President Donald Trump’s “liberation day” tariff announcement in April. The rise could suggest […]
China’s export growth slowed to the weakest in six months in August as a 33% drop in exports to the US brought overall growth in sales abroad down to 4.4% year-on-year, far weaker than a gain of 7.2% in July. The sales to other markets did however keep Beijing on track for a record trade surplus of over $1.2 trillion […]
Multiple provinces in China are reining in vehicle trade-in subsidies, according to Caixin, dealing a blow to auto sales and casting doubt on the durability of the national stimulus program. Many provinces have already reached or are approaching their subsidy quota due to high demand and are now curbing access. The subsidies, in place since […]