China Economy

To the rescue!

More evidence today of China’s Great Depression.

Aaaand it’s gone… The sinking hulk of Chinese property is now completely submerged and headed to the bottom with the worst start to the year that anybody can remember.

The Great Chinese Depression is in full swing.

The ferrous jaws have to close.

You could be forgiven for concluding that the Michael Pettis moment has arrived in China.

Chinese credit growth data for December was released overnight.

The Aussie trade balance for November was out yesterday and shows one great, big trend: a disappearing trade surplus.

China (31.8% share in 2024) and India (8.3% share in 2024) have driven the increase in global carbon emissions this century.

From the Daily Shot: China’s economic conditions showed marked weakness.

Down she goes, and where she stops nobody knows.

It’s fixed!

China isn’t growing.

The ferrous complex is still paralysed by the jaws.

Goldman has some whacky analysis of China today.

The great Chinese property crash is, once again, worsening.

Chinese property is at the centre of some dark economic galaxy.

In October, Chinese banks made 220bn yuan in new loans, a sharp decline from 1.29 trillion yuan in September.

Sales in lower-tier Chinese cities are not going well.

Goldman has an amusing take on the Shenzhen property market, once the hottest in China.

China printed a bit of inflation in October, but it was pretty obviously seasonal.

The managed decline of the Chinese economy continues as the property sector is hollowed out.