How Is China'S Economic Situation? Data For You To Answer The Answer

On Monday, China will release data on foreign exchange reserves in August.

It is widely predicted that China's foreign exchange reserves will fall by US $70 billion to 3 trillion and 580 billion.

The yuan fell 3% in August, exacerbating market opposition.

It is expected that a large amount of capital outflow may have been triggered.

The Central Bank of China may have been selling foreign exchange reserves to prevent a sharp fall in the yuan, and the rapid decline in foreign reserves may cause market worries to see how much China's economic sentiment is, and to worry about domestic financial stability.

Export data are scheduled to be released on Tuesday.

Exports are generally forecast to decline 6.7% in August, down 8.3% from July.

Early indicators point to weak external demand.

In August, PMI's new export orders index and the initial export value of Korea both fell.

The depreciation of the renminbi may not be of great help to Chinese exporters, because the currency of China's competitive countries has fallen even more.

Weak external demand has made it harder for the Chinese government to achieve its 7% growth target.

On Thursday, China's National Bureau of statistics will announce the August consumer price index and the industrial producer price index.

Bloomberg's [-1.63%] inflation rate in China increased 3.5% in August, up from 3.2% in July.

The single data may increase the overall inflation rate by 0.1 percentage points, and the overall inflation rate in July will be 1.6%.

Pork prices rose significantly, vegetable prices showed rising momentum.

Driven by supply

A slight increase is not expected to be limited.

Further relaxation.

The overall inflation rate will remain far below the official 3% target, as weak domestic demand inhibits non food prices.

Industrial producer prices are likely to remain in an inflationary tightening range.

It is widely predicted that PPI will drop by 5.6% in August compared with 5.4% in July.

It will fall for forty-second months in a row.

The output price index of PMI in Caixin China pointed to a further decline in PPI in August, dragging manufacturing industry due to overcapacity, and global commodity prices remained low.

On Sunday, the National Bureau of Statistics announced the August economic activity figures.

The early signs and metal prices of PMI point to a slowdown in manufacturing growth.

The general forecast of industrial added value increased by 6.3% over the same period last year, up from 6% in July.

In view of the steady employment and relatively strong service sector, the total retail sales of consumer goods may be stable.

Fixed asset investment is likely to remain broadly weak, and strong infrastructure investment is offset by the lack of dynamic manufacturing and real estate.

Pollution control and two days' holiday in Beijing before the parade in September 3rd, coupled with fluctuations in the stock market and foreign exchange market, brought uncertainty to August data.

In the coming week, China will release data on industrial added value, fixed asset investment, total retail sales of social consumer goods, credit and inflation in August.

These data are likely to aggravate the market's concern about the accelerated decline in China's economic growth.