Logo 17 Sep 2024

Macro wrap: China’s GDP growth target looks increasingly unattainable

Subscribe to keep reading.

Trivium Markets keeps you briefed on the latest developments in China markets policy.

Try it free

Already a subscriber? Log in.

To read this macro wrap as a PDF file, click here.
Exec sum

China’s economic growth weakened further in August, with data showing virtually across-the-board deterioration.
The sale of big-ticket items was one of the main drags on retail sales growth last month, with auto, furniture, and decoration ...



More recent developments

Logo May 4, 2025
Does Beijing have Trump’s number? – the weekly recap

Never take a vacation during a trade war. That’s the lesson I learned this week after coming back from a wonderful two weeks off of work. The time away was great, but the world moves on while you’re unplugged. The… Read More »

Logo April 23, 2025
Property roundup: Can 2025 be the year of property buybacks?

To view the roundup as a pdf, click here. The rundown Recent property sales and price data point to a gradual firming of homebuyer sentiment, but the property sector’s broader troubles remain far from resolved. In our previous roundup, we… Read More »

Logo April 17, 2025
Macro wrap: China’s Q1 GDP growth smashes expectations, but masks underlying weaknesses

To read this macro wrap as a PDF, click here. Exec sum China’s GDP grew 5.4% y/y in Q1 – matching the previous quarter – driven by manufacturing and foreign demand. While this is a bullish headline GDP print, underlying data… Read More »