With today’s GDP data squarely in line with consensus expectations we would focus on two other points, one encouraging, the other less so. The good news is that the labour market remains healthy,with...

Confusion over where the government’s “bottom line” for GDP growth lies suggests that officials may be less fixated on meeting the annual growth target than many outside observers think. Their main...

China’s exporters in June had their worst single month since the depths of the financial crisis. Efforts to crack down on illicit cross-border capital flows may have played a large part, but the...

Consumer price inflation probably picked up in June. It is likely to continue rising in coming months but not by enough to cause alarm, given the state of the economy and the likelihood that credit...