China CN

Currency: CNY. Central bank: People's Bank of China. CNY/USD: 0.1499.

Macro read

Consolidated decision read: what to monitor, why it matters, and where the data is still thin.

Regime scenario

Medium risk

Goldilocks

Growth at or above trend with inflation at or below target.

Growth Moderate 5.0 · Inflation Below target 4.7 · weakest: Fiscal 2.1, Monetary 3.0

What to monitor: Review stress drivers and recent releases before increasing macro confidence.

growth momentuminflation trendcentral bank stance

Macro regime

Six dimensions, scored from 0 to 10. Radar shows the overall shape; cards show trend and label per dimension.

Growth

5.0Improving

moderate

Inflation

4.7Stable

below target

Labor

4.7Stable

balanced

Monetary

3.0Stable

restrictive

External

7.4Stable

strong

Fiscal

2.1Stable

expansive

Key indicators

Cross-country comparable indicators with 5-year micro history. Latest bar in gold; missing indicators render with a baseline.

China GDP YoY

4.50%

China CPI YoY

0.70%

China surveyed unemployment rate

5.20%

PBoC policy rate

3.00%

China 10Y government bond yield

1.68%

China Current account % GDP

4.07% of GDP

China Government debt % GDP

98.60% of GDP

China Fiscal balance % GDP

-7.90% of GDP

Upcoming Events

Scheduled releases in the next 60 days. Click an event title to open the indicator detail when available.

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