Archive

China GDP Growth 5.2% y-o-y in Q4-23

- China's GDP grew by 5.2% year-on-year in Q4-23, marking the highest growth rate since Q2-23 and surpassing the long-run average by 1.09 percentage points.
- The quarter-on-quarter GDP growth rate in Q4-23 was 1.0%, indicating a positive trend of economic recovery.

China CPI -0.3% y-o-y (consensus -0.4%) in Dec-23

- China's Consumer Price Index (CPI) decreased by 0.3% year-on-year in December 2023, slightly better than expected.
- Although an improvement from the previous month, the CPI remains below both the one-year and long-run averages, indicating ongoing deflationary pressures.

Outlook 2024: The Year Of The Dragon #2

• For the past 18 months or so, there has been much talk of ‘peak China’ economically. As we enter the year of the dragon, should we add to this the semi-related question of whether we are also witnessing China’s diplomatic peak?

By Alastair Newton

Outlook 2024: The Year Of The Dragon #1

• In the Year of the Dragon, China faces a challenging time economically as, in a “complex” domestic and international environment, the CCP is focused increasingly on security and related self-reliance even at the expense of economic growth.

By Alastair Newton