China Economy

Cross-posted from Investing in Chinese Stocks.

From the WSJ: Leaders of the world’s No.

You’ve got hand it those Chinese.

China released its November data over the weekend and the news was better than feared but hardly lighting things up.

From Credit Suisse: As we know the Brazilian economy is already plunging in a classic capital run on an externally funded and over-indebted emerging market hit by an external shock.

By Leith van Onselen The World Bank has warned that China’s working age population will fall more than 10% by 2040, despite a recent relaxation of its one child policy, raising the spectre of China “getting old before getting rich”.

Poor old Ambrose is all over the shop on China: The world has had a year to brace for monetary lift-off by the US Federal Reserve.

Cross-posted from Investing in Chinese Stocks.

China inflation for November is out and hit consensus more or less at 1.5% CPI and -5.9% PPI: No real joy there for anyone.

From the WSJ: Traffic thinned and construction sites went silent on Tuesday as the Chinese capital carried out its highest-level pollution alert for the first time, a move experts said marked official acknowledgment of public perception that previous bouts of bad air had been played down.

It is all going to shit today for Australia’s productive economy.

From Capital Economics via FTAlphaville: Today’s FX reserves data suggest that capital outflows picked up sharply last month, leading the People’s Bank (PBOC) to resume selling FX in order to prop up the value of the renminbi.

Cross-posted from Investing in Chinese Stocks.

From Caixin: Caixin China Composite PMI™ data (which covers both manufacturing and services) indicated that business activity in China increased for the first time in four months in November.

From the WSJ: Numerous banks and brokerage houses have since created versions of what’s known asthe Keqiang or Li Keqiang index.

The official China PMI is out for November and sank to a three year low of 49.6.