China Exports YTD

China Exports YTD China’s exports strengthened in August, despite disruptions. Image: The Daily Shot

Equity Performance – MSCI China/MSCI US

Equity Performance – MSCI China/MSCI US The Chinese equity market has significantly underperformed the U.S. equity market over the last decade. Image: Gavekal, Macrobond

China Credit Impulse Leads Global Manufacturing PMI

China Credit Impulse Leads Global Manufacturing PMI China credit impulse tends to lead global manufacturing PMI by 12 months. Credit impulse is the change in new credit issued as a percentage of GDP. Image: Nordea and Macrobond