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Category: MACRO

2022-07-282022-07-29 Yuan Talks DATA, FEATURES, MACRO

Technology hub Shenzhen’s GDP grew 3% in first half, retail sales grew fastest this year in June

shenzhen

China’s technology hub Shenzhen saw its GDP grow by 3% in the first half of 2022 from a year earlier, according to data released by the local government on Wednesday, compared to the 2.5% growth for the national GDP during the period and 2% GDP growth for Guangdong province where the city is located.

2022-07-272022-07-27 Yuan Talks DATA, FEATURES, MACRO

China’s industrial profits returned to growth in June, profit structure improved

china industrial companies

Profits at China’s industrial companies returned to growth in June after falling for two consecutive months, mainly driven by recovery in the automobile industry. Profit structure improved as divergence between upstream and downstream industries narrowed.

2022-07-272022-07-28 Yuan Talks COMPANY NEWS, MACRO

Property developer Sunac China reportedly applied to develop some projects in Zhengzhou with government funding

sunac china

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2022-07-272022-07-28 Yuan Talks DATA, MACRO

Hong Kong private home prices hit lowest since Dec 2020 in June amid uncertain outlook, rising rates

hong kong home prices

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2022-07-262022-07-27 Yuan Talks DATA, FEATURES, MACRO

China’s NEV exports continued to grow rapidly in first half, Western Europe and Southeast Asia were major destination

china new energy vehicles

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2022-07-262022-07-28 Yuan Talks MACRO

Peak power load in southern China hit new record high amid heatwave

china electricity

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2022-07-252022-07-31 Yuan Talks DATA, MACRO

China’s population to start to shrink ahead of 2025 – state media

china population

The growth of China’s population has slowed sharply and the population is expected to start to shrink ahead of 2025, the state-backed

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2022-07-212022-08-03 Yuan Talks MACRO, VIEWS & ANALYSIS

Asian Development Bank lowers forecast of developing Asia’s 2022 GDP growth, citing China’s zero-Covid policy

Shanghai

The Asian Development Bank lowered its forecast for GDP growth in developing Asia in 2022, saying that China’s zero-tolerance to Covid creates ripple effects on regional supply chains and economic development.

2022-07-212022-08-03 Yuan Talks DATA, FEATURES, MACRO

China’s road freight volume declines amid new wave of Covid infections

china road freight transportation

China’s road freight volume declines again as more than 20 provincial-level regions have been hit by a new wave of Covid-19 infections.

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2022-07-202022-08-03 Yuan Talks FEATURES, MACRO, POLICY & REGULATION

China not to introduce super stimulus for “excessively high” growth target, to stay committed to opening-up, said Premier Li Keqiang

china economy

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2022-07-192022-08-03 Yuan Talks FEATURES, MACRO

More than 20 provincial-level regions in China reported local Covid case in latest outbreaks

china covid outbreaks

More than 20 provincial-level regions in China have reported locally transmitted COVID-19 cases in the latest round of outbreaks, and unlike the previous round, cases are found in some inland and small cities, posing challenges to the country’s epidemic control efforts.

2022-04-062022-08-03 Yuan Talks COMMODITIES, FEATURES, MACRO

China calls for efforts to ensure corn, rice production as major agricultural province Jilin hit by Covid-19 outbreaks

china soybean

China’s local governments should make joint efforts to ensure the planting area and output of corn this year stable at 2021-level, consolidate

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2022-04-062022-08-03 Yuan Talks DATA, FEATURES, MACRO

China’s services sector shrank at fastest pace in two years in March amid Covid-19 outbreaks, shows private survey

china services sector

Activity in China’s services sector shrank at the fastest pace in two years in March as a surge in coronavirus cases in

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2022-04-062022-08-03 Yuan Talks DATA, FEATURES, MACRO

China’s holiday travel hit by Covid-19 resurgence, tourism revenue less than 40% of pre-pandemic level

tourism

China’s tourism industry has been hit by the latest rounds of COVID-19 outbreaks, with domestic trips during the three-day Tomb-Sweeping holiday slumping

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