18 Oct 2024
Trivium Markets keeps you briefed on the latest developments in China markets policy.
China's September economic activity was muted, but it beat expectations.
Per data released by the stats bureau (NBS) on Friday:
Industrial value-added (IVA) grew by 5.4% y/y, up from 4.5% growth in August
Fixed asset investment (FAI) grew 3.4% y/y, up from 2.0% the previous month
Retail sales of go...
October 18, 2024
Chinese battery behemoth CATL is further diversifying its supply chain through a USD 1.18 billion joint venture (JV) in Indonesia. On Thursday, Indonesian news outlet Antara confirmed the JV – between CATL and state-owned Indonesia Battery Corporation – will develop… Read More »
October 18, 2024
On Thursday, regulators rolled out a raft of measures to support property developers. The big takeaway: Housing minister (MoHURD) Ni Hong said authorities will accelerate the completion of unfinished housing developments. Ni said funding for developments whitelisted by authorities would increase to… Read More »
October 18, 2024
Unsurprisingly, China’s economy saw sluggish growth in Q3 2024. Per data released by the stats bureau (NBS) on Friday: Real GDP grew by 4.6% y/y in Q3, down from 4.7% the previous quarter. On a quarter-on-quarter basis, real GDP grew… Read More »