China - Economic Data & News 23 (Nov 25 - Dec 27)

[behappyalways]

China shadow bank’s missed payments show growing property stress
https://www.theedgesingapore.com/news/c ... rty-stress

[behappyalways]

From world factory to supply chain hub, Chinese manufacturing has upgraded and now dominates the global market.

從世界工廠到供應鏈中樞 中國製造升級後霸榜全球【短篇】#TVBS文茜的世界周報 20251214

https://m.youtube.com/watch?v=iR7rsh3OJ_Y

[behappyalways]

Following Sasa, Mannings also withdrew from China, marking the decline of brick-and-mortar retail in mainland China.

「莎莎」後「萬寧」也撤出中國 陸實體零售步夕陽｜方念華｜FOCUS全球新聞20251218 ‪@tvbsfocus

https://m.youtube.com/watch?v=ADFbRlYcnFM

[behappyalways]

China's economic downturn triggers "three no's"—rural protests surge by 70%; migrant workers…

中國經濟下行引發「三不」－農村抗議活動激增70%；移工…

https://m.youtube.com/watch?v=f0s9i8ouD ... 4Bo7VqN5tD

[winston]

China economy grew below 3 pc in 2025, half of official target, think tank estimates

Driven by a collapse in fixed-asset investment in the US$19 trillion (HK$147.8 trillion) economy over the second half of the year.

Despite touting robust exports in the face of a tariff war with the US and weak domestic demand, there will be around half a trillion dollars in lost demand unaccounted for.

In 2026, the Chinese economy is on course to grow between just 1 percent and 2.5 percent in 2026, Rhodium Group estimated, far below the IMF’s forecast for the year of 4.5 percent.

“History offers no examples of economies that have recorded 5 percent real GDP growth while facing years of persistent deflation, as China has for 10 consecutive quarters. We doubt China is the first”.

Fixed-asset investment in everything from roads and rail to housing and factories, started 2025 strong, rising 4.2 percent year-on-year in the first quarter, but had slipped into negative territory by June and had plunged as much as 12.2 percent by October.

“The miscalculation for China’s economy has been persistent for too long,” the think tank said, “and always in the same direction of overstatement.”

Source: Reuters

https://www.thestandard.com.hk/wealth-a ... le/319941/

[behappyalways]

IKEA's massive retreat from China! Seven stores closed at once, including in Shanghai and Guangzhou.

IKEA中國大撤退! 一次關7店 上海.廣州全上榜｜TVBS新聞

https://m.youtube.com/watch?v=7CTlpjq0I50

[behappyalways]

China’s 2025 trade surplus hit US$1.2 tril as exports soar
https://www.theedgesingapore.com/news/n ... ports-soar

[winston]

China’s slowdown is set to deepen as pivot to consumption stalls

Beijing has stuck to a growth target of “around 5%” for the past three years

Lopsided reliance on exports over consumption that is set to extend into the coming months.

Gross domestic product likely gained 4.5 per cent in the fourth quarter from the same period a year prior. That would be the lowest since the reopening from the Covid-19 lockdowns.

Retail sales growth is seen moderating to a fresh three-year low in December and fixed-asset investment is set to post its first annual contraction since official data started three decades ago.

While Beijing has prioritised domestic spending, it is unlikely to unleash major stimulus as it continues to battle risks tied to local government debt.

Source: Bloomberg

https://www.businesstimes.com.sg/intern ... ion-stalls

[behappyalways]

China new loans shrink to least in seven years as demand weakens
https://www.theedgesingapore.com/news/c ... nd-weakens

[behappyalways]

China Dec. Power Output Rose 0.1% Y/y to 858.6b kwh
https://x.com/zerohedge/status/2013080186036670855


China now generates 40% more electricity than the US and EU combined.
https://x.com/stats_feed/status/2012870588516495699