BLACK CHINA BLOG >> China Economy


China has announced that its GDP for 2015 came in at 6.8%.  The datapoint was slightly down on where it was at the end of Q3, but was on or slightly above most commentators’ expectations. For the first time, the consumption sector of GDP now contributes slightly over half of all the growth. Was yesterday’s […]

By: Paul Adkins | Read More

China’s Communist Party completed its fifth plenary session in Beijing last week. Although the detailed 13th five-year plan has not yet come out, some hot topics already caught media attention. The big news is the end of the decades’ long one child policy. It doesn’t mean the family planning policy is over, it only means every family […]

By: Kathy Liu | Read More

The People’s Bank of China (PBoC) has announced yet another cut to interest rates and to the Reserve Requirement Ratio (RRR).   This makes 6 times in the last 12 months.   It seems the market took the sign as positive news, but that’s just a sign that markets aren’t perfect. These announcements about interest rates […]

By: Paul Adkins | Read More

China’s GDP came in at 6.9% according to the announcement this morning. It is one of those numbers that appears almost magical.   It’s above most analysts’ expectations, but just a shade below the official target of “about” 7%.  It’s almost as if the number was presented by the Ministry of Propaganda, such is the […]

By: Paul Adkins | Read More

The October edition of the Black China Report went out this afternoon. If you are a subscriber, you should have received an email from Jane Zhang – check your SPAM folder just in case.   We sent it out as a direct PDF this month, because the normal app that we use is still being […]

By: Paul Adkins | Read More

Tomorrow, Caixin and NBS will release the August PMI number. Caixin announced the flash PMI on August 21st and it was a record low at 47.1. We don’t want to predict what the final PMI reading is – it may be higher or stay the same. We just want to tell you if the final reading […]

By: Kathy Liu | Read More
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