26 May 2026
More recent developments
June 23, 2026
Industrial profits surge – but only for some
Industrial profits are surging – but the headline figure masks a striking divergence across China's industrial base. Per data released by the stats bureau (NBS), industrial profits grew 18.2% y/y during the first four months of 2026. Profit growth was… Read More »
June 19, 2026
A tale of two economies | The weekly recap
China's economy is bifurcating – and the gap is widening fast. On one side: A roaring AI and clean-energy export boom that is reshaping China's position in the global economy and powering headline growth figures. On the other: A domestic… Read More »
June 18, 2026
Macro wrap | AI export boom vs. domestic economic deterioration
To view this macro wrap as a PDF, click here. China's economy is bifurcating. The global AI boom is supercharging exports and high-tech manufacturing, propping up headline growth figures. But the domestic economy is heading in the opposite direction: Retail… Read More »