Asia Chart Pack

Asia Chart Pack (September 2024)

Our Asia Chart Pack has been updated with the latest data and our analysis of recent developments. With GDP growth likely to struggle, inflation set to remain low and currencies rebounding against the...

30th September 2024 · 0 mins read

China Rapid Response

China PMIs (Sep. 2024)

While the official PMIs held up okay in September, the Caixin PMIs dropped quite sharply which suggests that the economy lost some momentum this month. The stimulus package announced last week thus...

30th September 2024 · 3 mins read

Japan Rapid Response

Japan Industrial Production & Retail Sales (Aug. 24)

30th September 2024 · 2 mins read

Event

China Drop-In: Will this stimulus be enough to revive the economy?

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Economists from our China and Markets teams held a special briefing to assess the recent flurry of stimulus announcements from Beijing.

China Economic Outlook

Pivot to stimulus lowers immediate risks

A pivot towards fiscal and monetary stimulus should support China’s growth in the near-term. But the economy continues to be propped up by investment, still elevated levels of construction, and the...

27th September 2024 · 16 mins read

Commodities Weekly

China stimulus a silver bullet for metals? Think again

The stimulus packages announced by Chinese policymakers were the main reason behind the chunky increases in industrial metals prices this week, and explain why they performed better than most other...

27th September 2024 · 4 mins read

Asia Economics Weekly

Pakistan latest IMF deal, CBSL on hold

The loan deal that was confirmed this week between the IMF and Pakistan envisages a further sharp tightening of fiscal policy. This drag from fiscal policy is the main reason why we think GDP growth...

27th September 2024 · 7 mins read

China Economics Weekly

Stimulus timetable, bank capital injections

Chinese equities have soared in response to this week's stimulus announcements, but it will take longer for the real economy to respond. While the PBOC has already reduced bank funding costs, rate...

27th September 2024 · 6 mins read

India Economics Weekly

Make in India: 10 years on

Though there have been pockets of success, PM Modi's flagship "Make in India" policy initiative - launched 10 years ago this week - has done little to improve the global competitiveness of India's...

27th September 2024 · 3 mins read

Japan Economics Weekly

Ishiba victory will be greeted with relief by BoJ

While Sanae Takaichi's defeat in this week's LDP leadership elections means that Japan won't have its first female Prime Minister after all, Shigeru Ishiba's victory will almost certainly be welcome...

27th September 2024 · 6 mins read

China Economics Update

​​​​​​​New fiscal package being lined up

China’s finance ministry appears to be lining up a fiscal support package to deliver on the Politburo’s pledge of additional support for the economy. If a report by Reuters is correct, the package...

26th September 2024 · 5 mins read

Emerging Markets Economics Update

Emerging Markets Capital Flows Monitor (Sep. 2024)

Capital inflows into EMs have rebounded over recent weeks amid the start of the Fed’s easing cycle. Looking ahead, we expect EM inflows to hold up well as global monetary conditions ease further. In...

26th September 2024 · 4 mins read

Climate Economics Update

Notes from LSE Environment Week

Ahead of COP29 in November, discussions have been taking place at events in London and New York this week on all things climate. We attended the LSE’s Environment Week to hear the thoughts of...

26th September 2024 · 3 mins read

Global Economic Outlook

A soft patch

The global economy has hit a soft patch with the euro-zone virtually stagnant, the US labour market flagging and China rationing its policy stimulus. We expect this weakness to persist around the turn...

26th September 2024 · 44 mins read

China Rapid Response

China Politburo Meeting (Sep. 24)

The readout of the Politburo’s quarterly meeting on economic affairs has just been published by state media. It acknowledges that new problems have emerged in the Chinese economy recently and calls...

26th September 2024 · 2 mins read