Chinese Credit Growth and OECD Leading Indicator for China

Chinese Credit Growth and OECD Leading Indicator for China Chinese Credit growth rebounded in September and suggests stronger activity on the horizon. The OECD leading indicator for China picked up further at the highest level since 2017. Picture source: Danske Bank Research

U.S. Market Shares in China

U.S. Market Shares in China U.S. companies are clearly losing market share in key sectors in China, while President Trump wants American companies to leave China. Picture source: Oxford Economics

China Imports Lead World GDP

China Imports Lead World GDP This chart shows that China imports is a key factor of global growth, and clearly lead world GDP. Picture source: Oxford Economics, Macrobond

China Domestic Policy and Emerging Markets Growth Cycles

China Domestic Policy and Emerging Markets Growth Cycles Great chart suggesting that changes in China domestic policy have been a big driver of EM growth cycles. Picture source: Goldman Sachs Global Investment Research

China GDP vs. U.S. GDP

China GDP vs. U.S. GDP Chart suggesting that China GDP will overtake U.S. GDP by 2030. Picture source: Danske Bank Research

China GDP Growth

China GDP Growth China GDP growth is expected to continue to decline significantly in the coming years, with consumption becoming the main driver of growth. Picture source: Danske Bank Research

China Credit Impulse – Reflation Cycle

China Credit Impulse – Reflation Cycle This chart shows that China credit impulse has not yet boosted relative earnings. Credit impulse is the change in new credit issued as a percentage of GDP. Picture source: Fidelity Investments

Most Traded Goods Between U.S. and China

Most Traded Goods Between U.S. and China Taking a closer look at U.S. exports to China, and China exports to U.S., amid the trade war. Picture source: howmuch.net

U.S. vs. China – Number of Listed Companies, IPO

U.S. vs. China – Number of Listed Companies, IPO There are fewer firms listed on U.S. exchanges than 20 years ago. And the U.S. has also fewer listed public companies than China. Picture source: Financial Times

China and Taiwan Manufacturing PMI

China and Taiwan Manufacturing PMI The charts suggest a bottom in the Chinese and Taiwanese cycle in early 2020. Historically, this has been positive for global equities. Picture source: Danske Bank Research