Latest from John Carter
In the third edition of the South China Morning Post – Global Impact newsletter we will explore how national sensitivity over the origin of the coronavirus pandemic has led to an escalating war of words and sanctions between China and Australia.
In the third edition of the South China Morning Post – Global Impact newsletter we will explore how national sensitivity over the origin of the coronavirus pandemic has led to an escalating war of words and sanctions between China and Australia.
Global Impact is a fortnightly curated newsletter featuring a news topic originating in China with a significant macro impact for our newsreaders around the world.
Global Impact is a fortnightly curated newsletter featuring a news topic originating in China with a significant macro impact for our newsreaders around the world.
Global Impact is a fortnightly curated newsletter featuring a news topic originating in China with a significant macro impact for our newsreaders around the world.
Global Impact is a fortnightly curated newsletter featuring a news topic originating in China with a significant macro impact for our newsreaders around the world.
Combined data for January and February 2020 showed that industrial production, retail sales and asset investment all declined far more than analysts expected. As many economic experts expected, lockdowns ordered to control the coronavirus that causes Covid-19 proved to be a constraint to economic growth. As John Carter and Finbarr Bermingham from the South China Morning Post’s political economy team explain, while the government says the economy is starting to get back to normal, the new numbers show how much ground the nation needs to cover before things return to normal.
Combined data for January and February 2020 showed that industrial production, retail sales and asset investment all declined far more than analysts expected. As many economic experts expected, lockdowns ordered to control the coronavirus that causes Covid-19 proved to be a constraint to economic growth. As John Carter and Finbarr Bermingham from the South China Morning Post’s political economy team explain, while the government says the economy is starting to get back to normal, the new numbers show how much ground the nation needs to cover before things return to normal.
The People’s Bank of China that it would pump 550 billion yuan (US$78 billion) into its banking system to spur additional lending amid the coronavirus.
The People’s Bank of China that it would pump 550 billion yuan (US$78 billion) into its banking system to spur additional lending amid the coronavirus.
The IMF revised up its gross domestic product (GDP) prediction from 5.8 per cent in October after the phase one trade war deal with the United States was signed last week.
The IMF revised up its gross domestic product (GDP) prediction from 5.8 per cent in October after the phase one trade war deal with the United States was signed last week.
The US Senate on November 19, 2019, passed the Hong Kong Human Rights and Democracy Act, which will now be aligned with a similar measure approved by the lower House of Representatives before it goes to President Donald Trump for his signature.
The US Senate on November 19, 2019, passed the Hong Kong Human Rights and Democracy Act, which will now be aligned with a similar measure approved by the lower House of Representatives before it goes to President Donald Trump for his signature.
Both sides inch towards a ‘mini deal’ while the bad news data continues to arrive as China begins its anticipated fourth plenum session; field reporter Cissy Zhou reports from Shanghai’s Bund Conference, and what China’s economic heavyweights are saying about Trump’s real agenda and whether the trade war is over by Christmas
Both sides inch towards a ‘mini deal’ while the bad news data continues to arrive as China begins its anticipated fourth plenum session; field reporter Cissy Zhou reports from Shanghai’s Bund Conference, and what China’s economic heavyweights are saying about Trump’s real agenda and whether the trade war is over by Christmas
US-China trade war update looks at what has really changed between the two countries since the handshakes and photos in Washington last week, and the major concerns for Beijing ahead. Also hear reports from the front line of the trade war for electronics manufacturing.
US-China trade war update looks at what has really changed between the two countries since the handshakes and photos in Washington last week, and the major concerns for Beijing ahead. Also hear reports from the front line of the trade war for electronics manufacturing.
In a fiery statement, China’s Foreign Ministry has accused US lawmakers of a “political plot” to undermine Beijing after the US House of Representatives approved a measure in support of anti-government protesters in Hong Kong.
In a fiery statement, China’s Foreign Ministry has accused US lawmakers of a “political plot” to undermine Beijing after the US House of Representatives approved a measure in support of anti-government protesters in Hong Kong.
We unpack a turbulent week in US-China relations, as trade negotiations commence, with the threat of increased tariffs on the horizon and a list of US companies China might retaliate against if a deal is not reached.
We unpack a turbulent week in US-China relations, as trade negotiations commence, with the threat of increased tariffs on the horizon and a list of US companies China might retaliate against if a deal is not reached.
Claiming China wants a deal to end the trade war badly, the US President said: ‘Let them work humanely with Hong Kong first! … Personal meeting?’
Claiming China wants a deal to end the trade war badly, the US President said: ‘Let them work humanely with Hong Kong first! … Personal meeting?’
US-China trade war sends manufacturing prices into deflation, while African swine fever sends consumer inflation higher than expected.
US-China trade war sends manufacturing prices into deflation, while African swine fever sends consumer inflation higher than expected.
In the second full month in which the higher 25 per cent tariff rate was applied to US$200 billion of Chinese exports to the US, China’s manufacturing outlook remained negative.
In the second full month in which the higher 25 per cent tariff rate was applied to US$200 billion of Chinese exports to the US, China’s manufacturing outlook remained negative.
US President Donald Trump spoke to the media on the sidelines of the G20 summit in Osaka, Japan having earlier met with Chinese President Xi Jinping.
US President Donald Trump spoke to the media on the sidelines of the G20 summit in Osaka, Japan having earlier met with Chinese President Xi Jinping.
The manufacturing purchasing managers’ index (PMI), a gauge of sentiment among factory operators, fell to 49.4 in May.
The manufacturing purchasing managers’ index (PMI), a gauge of sentiment among factory operators, fell to 49.4 in May.
The EU is China’s largest trading partner and has “between 50 and 60 per cent” chance of entering recession later this year or early next.
The EU is China’s largest trading partner and has “between 50 and 60 per cent” chance of entering recession later this year or early next.
Industrial production growth slowed to 5.3 per cent in January and February compared to the same period last year, down from 5.7 per cent growth in December.
Industrial production growth slowed to 5.3 per cent in January and February compared to the same period last year, down from 5.7 per cent growth in December.
Future of the economy to be prime topic at meetings of the National People’s Congress and Chinese People’s Political Consultative Conference over the next two weeks.
Future of the economy to be prime topic at meetings of the National People’s Congress and Chinese People’s Political Consultative Conference over the next two weeks.
Beijing’s tighter grip on outbound investment and Washington’s stepped-up scrutiny of Chinese purchases also take their toll, research group says.
Beijing’s tighter grip on outbound investment and Washington’s stepped-up scrutiny of Chinese purchases also take their toll, research group says.
Factory price index falls for sixth month in a row, to lowest level in 2½ years and well below expected level.
Factory price index falls for sixth month in a row, to lowest level in 2½ years and well below expected level.
Purchasing managers’ index falls to 49.4 in December, dropping below 50 for the first time since hitting 49.9 in July 2016.
Purchasing managers’ index falls to 49.4 in December, dropping below 50 for the first time since hitting 49.9 in July 2016.
Retail sales and industrial production growth slow sharply in November.
Retail sales and industrial production growth slow sharply in November.
- Current Hong Kong policies to moderate housing prices, including the stamp duty, should remain in place for now
- Current Hong Kong policies to moderate housing prices, including the stamp duty, should remain in place for now
- The Chinese manufacturing sector activity improved marginally in November as strong domestic demand offset a drop in export orders, according to the Caixin purchasing managers index released Monday
- But manufacturing sector growth remained weak in November
- The Chinese manufacturing sector activity improved marginally in November as strong domestic demand offset a drop in export orders, according to the Caixin purchasing managers index released Monday
- But manufacturing sector growth remained weak in November
Donald Trump to hold off on raising the tariff rate on US$200 billion of Chinese imports for 90 days to allow for talks to address US concerns on Chinese trade practises.
Donald Trump to hold off on raising the tariff rate on US$200 billion of Chinese imports for 90 days to allow for talks to address US concerns on Chinese trade practises.
‘Economic winter has come’, says one analyst after November’s figures show further signs of cooling activity.
‘Economic winter has come’, says one analyst after November’s figures show further signs of cooling activity.
Service sector growth slowed sharply in October, confirming the US trade war is hitting the Chinese economy hard, and sooner than most expected
Service sector growth slowed sharply in October, confirming the US trade war is hitting the Chinese economy hard, and sooner than most expected
Caixin PMI, which tracks smaller private firms, shows manufacturing growth was little changed at a very weak level in October.
Caixin PMI, which tracks smaller private firms, shows manufacturing growth was little changed at a very weak level in October.