New year


Beijing's economic goal is more than just a number

Beijing's economic goal is more than just a number

The spike in China’s economic activity is no surprise, thanks to the base effect and the seasonality factor. However, the metric we are watching is the fixed asset investment level, given Beijing has made it clear it would not tolerate any further asset inflation. There are also glimpses of China’s …

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New Year lockdown hits spending but industry powers on 

New Year lockdown hits spending but industry powers on 

(ATF) China’s Spring Festival industrial production levels surpassed those of 2019 this year – despite the ongoing global pandemic. Production and consumption data released this week, based on traffic, operating rates and industrial power consumption figures, show production remained strong during the holiday season, according to Xiong Yuan, Chief Macro …

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China’s last-gasp bid to curb the great migration as Covid spreads 

China’s last-gasp bid to curb the great migration as Covid spread

(ATF) China is pleading with its migrant workers to stay where they are for the New Year Festival and to not travel home, in a desperate bid to halt the spread of Covid-19 across the country.Officials announced on Wednesday that people in high-risk areas must celebrate the New Year ‘in …

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China’s second Covid wave dampens the party mood 

China’s second Covid wave dampens the party mood 

(ATF) China’s second Covid-19 outbreak is spreading rapidly across the country, with more major cities now announcing lockdowns. Fuzhou is the latest metropolis to announce emergency measures, signalling how far south the outbreak has spread from Hebei Province. Other newly affected cities such as the heavily industrial Changchun and Jilin …

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