China Rapid Response Hong Kong GDP (Q1 Preliminary) Hong Kong’s Q1 growth surprised significantly to the upside, with the economy expanding by 5.9% y/y, up from 3.8% in Q4. In seasonally adjusted, q/q terms, the economy grew by 2.9%, the fastest pace... 5th May 2026 · 2 mins read
China Rapid Response China PMIs (Apr. 2026) The RatingDog Services PMI came in stronger than expected, diverging from its official counterpart. The average of the two was unchanged from March, however. And given the weakness in the construction... 30th April 2026 · 4 mins read
China Rapid Response China GDP (Q1) & Activity (Mar. 2026) The March activity data point to some loss of economic momentum last month. Seasonal distortions are partly to blame, however, and growth accelerated in Q1 overall. We think growth will soften a bit... 16th April 2026 · 3 mins read
China Rapid Response China Merchandise Trade (Mar. 2026) Exports slowed last month and fell short of expectations, but this reflects seasonal distortions. For Q1 as a whole, export growth rose to its highest level in four years. Despite the energy price... 14th April 2026 · 3 mins read
China Rapid Response China Bank Lending & Broad Credit (Mar.) The slowdown in credit growth resumed in March as weakening household demand dragged bank loan growth down further. 13th April 2026 · 2 mins read
China Rapid Response China Consumer & Producer Prices (Mar. 2026) The Iran War has ended three years of factory-gate deflation in China and pushed CPI inflation to its highest level since early 2023 (after adjusting for Lunar New Year distortions). The big picture... 10th April 2026 · 2 mins read
China Rapid Response China PMIs (Mar. 2026) The decline in the RatingDog manufacturing PMI for March partially offsets the strength in the official survey data. But the big picture remains that, despite rising price pressures, the Iran War has... 31st March 2026 · 3 mins read
China Rapid Response China Activity & Spending (Jan. & Feb. 2026) China’s activity data suggest that growth accelerated at the start of the year, driven by both strong exports and a pickup in domestic demand. While China is better placed than most economies to... 16th March 2026 · 2 mins read
China Rapid Response Bank Lending & Broad Credit (Feb.) Credit growth remained unchanged in February with a further slowdown in bank lending growth being offset by a pickup in non-bank credit. 13th March 2026 · 2 mins read
China Rapid Response China Merchandise Trade (Jan. & Feb. 2026) Both exports and imports started the year much stronger than expected. While the recent pace of gains is unlikely to be sustained, exports are likely to remain robust given the recent decline in US... 10th March 2026 · 2 mins read
China Rapid Response China Consumer & Producer Prices (Feb. 2026) CPI inflation recovered last month, thanks to temporary factors such as an easing of oil price deflation and volatility in food and tourism prices around Lunar New Year. Tensions in the Middle East... 9th March 2026 · 2 mins read
China Rapid Response China PMIs (Feb. 2026) The PMIs point to an improvement in economic momentum last month, driven by manufacturing and services. The recent decline in US tariffs should provide a modest tailwind to exports and manufacturing... 4th March 2026 · 2 mins read
China Rapid Response China Bank Lending & Broad Credit (Jan.) Credit growth slipped further in January despite some renewed support from faster government borrowing. It will probably slow over the coming months, posing a downside threat to economic activity and... 13th February 2026 · 2 mins read
China Rapid Response China Consumer & Producer Prices (Jan. 2025) Consumer price inflation eased due to a later Lunar New Year. But it is likely to bounce back in February. And producer price inflation, which is less seasonal, improved. The recent uptrend on both... 11th February 2026 · 2 mins read
China Rapid Response China PMIs (Jan. 2026) The pickup in RatingDog services PMI for January only partially offsets the weakness in the official survey data. The big picture is still that the economy appears to have lost some momentum last... 2nd February 2026 (Updated 4th February 2026) · 2 mins read
