Event Asia Drop-In: Taiwan election 2024 – Domestic and global implications 15th January 2024, 9:00AM GMT In a busy year for elections worldwide, Taiwan’s is likely to be among the most consequential. 2023 was probably Taiwan’s weakest year of economic growth since the Global Financial Crisis – and the...
China Rapid Response PMIs (Dec.) The official and Caixin PMIs have moved in opposite directions recently. But taken together, they point to some improvement in economic momentum in December thanks to gains in services and... 2nd January 2024 · 4 mins read
China Chart Pack China Chart Pack (Dec. 2023) China’s economy has regained some strength recently. We expect this to continue into 2024, on the back of support from fiscal policy and a further pick-up in household spending. But with property... 28th December 2023 · 1 min read
China Economics Weekly Policy still easing but not enough to hit growth target Although the Loan Prime Rates were left unchanged on Wednesday, today’s coordinated reductions in commercial bank deposit rates suggest the PBOC is still on an easing path. Meanwhile, a lower headline... 22nd December 2023 · 6 mins read
Climate Economics Update What to watch on the climate front in 2024 As 2023 draws to a close, this Update looks at three key climate themes to watch in 2024. In short, one should look beyond the inevitable climate-related rhetoric in the run-up to looming elections... 20th December 2023 · 4 mins read
China Activity Monitor CAP: Service sector continuing gradual recovery Our China Activity Proxy (CAP) suggests that the economic recovery is continuing as the service sector makes up further lost ground. With policy support still flowing and consumers feeling less... 20th December 2023 · 3 mins read
Capital Daily Are China’s equities finally about to stage a comeback? We think China’s equities could outperform those elsewhere in the near term, but suspect their longer-run outlook is fairly bleak. 15th December 2023 · 4 mins read
China Rapid Response Activity & Spending (Nov.) The main bright spot was a healthy pick-up in industrial output thanks to the strength in exports. Retail sales and fixed investment remained resilient. Meanwhile, troubles in the property sector... 15th December 2023 · 4 mins read
China Economics Weekly Officials in denial about extent of structural slowdown Policymakers seem to believe that with a bit of stimulus and a turnaround in sentiment, the economy can get back on a stronger path. While there is some truth to this, we think that officials are... 15th December 2023 · 6 mins read
Climate Economics Update Separating fact from myth about renewable capacity The target from COP28 to triple global renewable generating capacity this decade is encouragingly ambitious. But as our Climate Reporting Tools show, the goal will be easier to achieve in some... 14th December 2023 · 2 mins read
Global Economic Outlook Growth, inflation, and rates to be lower than expected We think that global growth will undershoot consensus expectations in 2024 as the lagged effects of monetary policy tightening filter through. Among the advanced economies, the US will continue to... 13th December 2023 · 45 mins read
China Rapid Response Bank Lending & Broad Credit (Nov.) Broad credit growth continued to rise in November thanks to a pick-up in government bond issuance, but it still came in below expectations. We think further policy support is on the way, but this is... 13th December 2023 · 3 mins read
China Rapid Response Consumer & Producer Prices (Nov.) CPI fell deeper into deflationary territory last month. The main culprit continues to be food and energy prices – the rate of core inflation held steady and remains positive. Services inflation, the... 11th December 2023 · 6 mins read
China Economics Weekly Debt woes widely known but far from priced in Moody’s downgrade to China’s rating outlook received a muted response in markets. That’s partly because the country’s economic challenges are already widely known. But the bigger picture is that... 8th December 2023 · 7 mins read
Emerging Asia Economic Outlook Policy easing coming sooner than most expect Economic growth in most of Emerging Asia is likely to slow in the near term as weak global demand and high interest rates weigh on prospects. With growth set to struggle and inflation likely to ease... 7th December 2023 · 32 mins read