I had some headlines from the China Beige book here: China Beige Book – Economy stabilized in Q4
More now from Reuters:
- China’s economy showed mild signs of stabilisation in the fourth quarter
- Corporates remained cautious on investment
- “While the rebound is certainly not an impressive one, sales, profits, and employment have all improved a bit during the second half of the year”
Noted:
- Wage and job growth remained stable
- Export orders picked up, helping to offset weak internal demand
- “Still, Q4’s improvement defies Beijing’s claims of rebalancing toward stronger consumption”
