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67 Cities Produce 61% of National Output China's regional economic concentration continues to deepen, with 67 cities generating 61% of the nation's GDP in H1 2026, according to NBS data. This pattern underscores both the success
World Bank Revises Global Growth to 2.5% in 2026 The World Bank released its latest Global Economic Prospects report on August 4, 2026, revising the global growth forecast to 2.5% for 2026 — the weakest pace since the pandemic
June CPI Confirms Mild Inflation Environment China's consumer price index (CPI) rose 1.0% year-on-year in the first half of 2026 as a whole, with June alone registering the same 1.0% YoY increase alongside a 0.3%
July Data: Contracted Sales at 22.6 Billion Yuan Country Garden, once China's largest property developer by sales volume, reported on August 4 that its contracted sales for July 2026 reached approximately 22.6 billion yuan, with attributable
Average New Home Price Rises Despite Weak Breadth China's new-home market posted a marginal gain in July 2026, while the secondary market extended its slide, according to the China Index Academy's (CIA) 100-city price index released
Official PMI Drops 1.1 Percentage Points China's manufacturing sector contracted in July 2026 for the second consecutive month, according to official data released by the National Bureau of Statistics (NBS) on July 31. The official Purchasing Managers&
Bond Market Becomes Developers' Lifeline as Equity Funding Dries Up Domestic bond issuance by Chinese property developers reached approximately 315.8 billion yuan in the first half of 2026, a surge of 21.7 percent compared to the same
Manufacturing PMI Enters Contraction for Second Consecutive Month China's official manufacturing PMI fell to 49.2 percent in July 2026, down from 50.3 percent in May and 50.4 percent in June, according to National Bureau of
Hong Kong Outpaces Global Peers in 2026 Rally Hong Kong's equity market has emerged as one of Asia's strongest performers in 2026, with the Hang Seng Index gaining 13 percent year to date through June and
Reserves Dip $26 Billion as Dollar Rallies China's foreign exchange reserves stood at $3.4163 trillion at the end of June 2026, down $26 billion from the end of May, according to data released by the State Administration