July 2016 China Macro Data Recap

The most significant change  took place within July credit data, where  overall loan growth weakened and  loans to Chinese corporates contracted  outright, while mortgage loans to households comprised the majority of new credit extended.   In addition, we focus on the disconnect between China’s buoyant auto sales and implied oil demand, as well as the recent deceleration in property market activity indicators.

Posted August 1, 2017
Facebook Twitter Pinterest