This week the "Chart of the Week" is focused on the outlook for China's property market. The Chinese property market is perhaps one of the most important markets in the world, if not the most. What happens to this market has direct flow-on effects to global commodity prices, emerging markets... Show More
We have written on the China “marvel” before and continue to scratch our head on this enigma and the sustainability of it. You have to give them huge credit for what they have achieved – the greatest economic expansion in history improving the lives of so many people in a... Show More
If you care about the outlook for the iron ore price then you care about the outlook for the Chinese property market. A simple analysis shows that a major driver, if not the major driver, for the iron ore price is the pace of growth in real estate fixed asset... Show More
One of the themes I looked at in the latest edition of the Weekly Macro Themes was Chinese fixed asset investment. One aspect of particular interest - especially for commodity markets, is the matter of Real Estate fixed asset investment. The chart below shows just how sensitive base metals are... Show More
State owned entities in China have a history of taking on large amounts of debt to build white elephant projects. A recent surge in investment by SOEs means Australian investors should consider the current buoyant prices of iron ore and many other commodities to be unsustainable. That does not mean... Show More
As the world’s second-largest economy, China is at an important Show More
The slowdown of the property market that was mainly seen in China's third- and fourth-tier cities last year has spread to more areas, and analysts warn of a tough 2014 for developers. Figures released by the National Bureau of Statistics (NBS) last Friday showed that 178.25 million square meters of... Show More
