China Macroeconomics & Academia

Christopher Balding

Macroeconomics

<p>With most PMI readings released for the month, it bears worth examining where the Chinese economy appears headed.  The summer building season, coming Congress, and credit growth drive economic activity. </p><p>Despite the expected slow down and dampening in headline data, key sectors in China remain robust.  Construction registered headline growth from 61.4 to 62.5 and New Order expansion from 55.4 to 56.  The maligned steel sector registered similar growth with overall Steel PMU rising from 49.3 to…</p>

With most PMI readings released for the month, it bears worth examining where the Chinese economy appears headed.  The summer building season, coming Congress, and credit growth drive economic activity. Despite the expected slow down and dampening in headline data, key sectors in China remain robust.  Construction registered headline growth from 61.4 to 62.5 and New Order expansion from 55.4 to 56.  The maligned steel sector registered similar growth with overall Steel PMU rising from 49.3 to…

中国では重工業の活動は好調だが、消費活動は悪化している