There’s been a lot of discussion of overcapacity in Chinese production, and the resulting pressures in US and other markets. Here’s a picture of the Chinese real exchange rates.
Category Archives: China
US-China Nominal GDP, Per capita GDP in PPP Terms
From IMF WEO:
US-China GDP Growth since 1981
Reader Bruce Hall observes:
China’s growth rate is projected to be about twice that of the US.
Yao Yang at UW Madison: China’s Slowdown – Structural or Cyclical
Presentation at UW Madison (sponsored by CEAS), on Friday, April 12th.
Deflation in China (Headline), Disinflation in Core Inflation
Stats reported yesterday:
China Growth Hits Consensus
RMB Reserves & Turnover, China GDP Share of World GDP, Avg. Trade Share
Here’s a picture of the RMB’s role as a reserve and vehicle currency, from an ongoing project with Jeffrey Frankel and Hiro Ito, where we examine the determinants of individual central bank reserve holdings.
Non-Inflation Release Items: Oil, Urals, Gas Prices, Inflation Expectations, China Deflation
Oil prices, Urals vs. Brent, gasoline prices weekly thru yesterday, one-year-ahead y/y inflation forecasts, and China in deflation (again).
Alternative Estimates of Chinese Q3 GDP Growth
The Fernald-Hsu-Spiegel China Cyclical Activity Tracker (CCAT) indicates Q3 growth 0.26 standard deviation below trend.
Requiem for a Technocrat
From NY Times, on the passing of former premier Li Keqiang: