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Chinese exports gained ground in Q3, but economy slowed

November 6, 2018

HONG KONG - In a new research note, French banking group Natixis says China's economic slowdown is more likely to be a result of domestic issues (such as lower returns on capital) than on external shocks. It says that while the market tends to attribute slower growth to the US-China trade war, the ironic reality is that, in the third quarter,  China's exports continued to gain ground, even into the U.S. market.

Taiwan up two spots in World Bank Doing Business report, above Australia

November 2, 2018

TAIPEI - Taiwan improved two spots to 13th among 190 economies worldwide and fifth in the Asia-Pacific, according to the World Bank's Doing Business 2019 report. Scoring 80.9 out of 100, up 0.24 of a point from the previous edition, Taiwan finished ahead of regional neighbours Malaysia, 15th; Australia, 18th; and Japan, 39th, but trailed New Zealand, first; Singapore, second; Hong Kong, fourth; and South Korea, fifth.

China PMI figures show some sectors already in contractionary zone

October 31, 2018

HONG KONG - In a research note, ANZ Bank says all the numbers from China's PMI release today confirm a broad-based decline in economic activity. Apart from a drop in the non-manufacturing (-1.0) and manufacturing (-0.6) PMI in October, all sub-indices, including output (-1.0), new export orders (-1.1) and orders-on-hand (-0.9) also retreated.