Category Archives: ***CHINA WATCH

CHINA PMI RISES IN AUGUST

Posted on September 1, 2010 by Denis Ouellet

The Purchasing Managers Index (PMI) of China’s manufacturing sector rose to 51.7 percent in August, up 0.5 percentage points from July, the China Federation of Logistics and Purchasing (CFLP) said Wednesday. August’s figure marked an end to three consecutive months … Continue reading →

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Posted in ***CHINA WATCH, ***RECOVERY WATCH, China economy, ECONOMY, MANUFACTURING | Leave a comment
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CHINA EARLY WARNING INDICATOR SHOWS STABLE ECONOMY

Posted on August 27, 2010 by Denis Ouellet

The July Early Warning Indicator declined by 7.3 points to 102.7. After peaking at 118 in February, the index has declined steadily right into the “Stability” zone. In February, 5 of the 10 indicators were heating or overheating. Only one … Continue reading →

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Posted in ***CHINA WATCH, ***RECOVERY WATCH, COMMODITIES, China economy, ECONOMY, LEADING ECON. INDIC. | Leave a comment

CHINA’S LEADING INDICATORS KEEP DECLINING

Posted on August 25, 2010 by Denis Ouellet

China’s leading economic indicator fell for the fifth consecutive month in July and now stands at its 5 year average. Seven of the 8 indicators declined in July. The LEI declined 0.5 points in July after losing 0.7 and 0.9 … Continue reading →

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Chinese Urban Women Catch Shopping Fever, Survey Finds

Posted on August 25, 2010 by Denis Ouellet

Urban Chinese women are spending more and saving less as they poured 63 percent of their incomes into consumer goods ranging from clothes to cosmetics last year, a poll has found. Also, women saved only 24 percent of their incomes … Continue reading →

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Posted in ***CHINA WATCH, CONSUMER, China consumer, China economy, China retailing | Leave a comment

False Shanghai data muddies property picture

Posted on August 23, 2010 by Denis Ouellet

Companies in Shanghai have falsified answers in replies to some surveys by the national statistics agency, calling into question the reliability China’s property market data. The problems, from omitting information to reporting incorrect prices, were identified by the Shanghai arm … Continue reading →

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Posted in ***CHINA WATCH, China economy, China housing, ECONOMY, HOUSING | Leave a comment

CHINA LISTED FIRMS POST 58.5% JUMP IN PROFITS

Posted on August 23, 2010 by Denis Ouellet

Net profits of 1,191 listed companies, which disclosed their performance of the first half year as of Aug 22, increased 58.5 percent year-on-year, to 206.4 billion yuan, Shanghai Securities News reported Monday. Business revenue of those companies hit 2.12 trillion … Continue reading →

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Posted in ***CHINA WATCH, ***EARNINGS WATCH, Chinese Equities, EQUITIES | Leave a comment

BYD Says Growth Will Slow Further

Posted on August 23, 2010 by Denis Ouellet

(…) Chairman Wang Chuanfu said in a written statement Sunday that sales growth in China’s automobile market slowed down during the second quarter. He added that "modest growth" is likely for the domestic auto industry in coming months. The month … Continue reading →

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Posted in ***CHINA WATCH, China economy, ECONOMY, automobiles | Leave a comment

CHINA REGULATORS LOOSEN ACCESS TO EQUITY MARKETS

Posted on August 21, 2010 by Denis Ouellet

An extra 25 billion yuan (HK$28.56 billion) in fresh capital is likely to flood mainland stock exchanges after Beijing raised the amount corporate annuities can invest in equities as it tries to revive the market. The central government will soon … Continue reading →

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China may introduce stimulus to boost imports

Posted on August 20, 2010 by Denis Ouellet

China has developed ways to increase imports such as the cancellation of quotas and will implement more as early as September, the National Business Daily reported, citing an unidentified official at the Ministry of Commerce. (…) Now is the right … Continue reading →

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Posted in ***CHINA WATCH, China consumer, China economy, ECONOMY | Leave a comment

CHINA HOME SALES, PRICES DECLINE

Posted on August 19, 2010 by Denis Ouellet

New home sales in mainland cities were mixed last month with Beijing and Tianjin recording a significant rise. But overall prices declined in July and a further drop is expected in the coming months, according to property consultant DTZ. Beijing … Continue reading →

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Posted in ***CHINA WATCH, China housing, HOUSING | Leave a comment

CHINA’S LAST TWO MILLENNIUMS

Posted on August 17, 2010 by Denis Ouellet

A tremendous chart from The Economist. For Chinese people, China is merely slowly retaking its normal leading place in the world economic order. The last 200 years were but a short term aberration in the normal scheme of things. Data … Continue reading →

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CHINA ELECTRICITY CONSUMPTION ROSE 14% IN JULY

Posted on August 14, 2010 by Denis Ouellet

China’s electric power consumption in July reached 389.6 billion kilowatt-hours (kWh), up 13.94 percent year-on-year, the National Energy Administration (NEA) announced Saturday. The amount was 10.68 percent more than that in June, a statement on the NEA website said. Electric … Continue reading →

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Posted in ***CHINA WATCH, China economy, ECONOMY | Leave a comment