Jumei International Holding Ltd
China’s Retail Sales Growth Dropped Unexpectedly in May
In May 2016, China’s total retail sales of consumer goods rose 10.0% YoY (year-over-year) to 2.7 trillion yuan, slightly lower than the 10.1% growth recorded in April.
Are There Opportunities amid China’s Manufacturing Slump?
China’s manufacturing sector has been plagued by weak demand, rising labor costs, overcapacity in industries, and tighter resource and environmental constraints.
China’s Retail Sales Lost Their Spark in April
In the first four months of the year, China’s retail sales rose 10.3% year-over-year to 10.3 trillion yuan ($1.6 trillion).
China’s Consumer Price Index Rises: What Does This Mean?
In March, China’s consumer price index rose by 2.5% YoY (year-over-year)—the same growth seen the month prior.
Why China’s CPI Data Were Stronger in February
In February, China’s CPI (consumer price index) rose 2.5% YoY—the largest rise since July 2014. It was also higher than the 1.8% YoY rise in January.
Westpac MNI Consumer Sentiment Hit Its Lowest since October 2015
The Westpac MNI China CSI fell 3.1% to 111.3 in February from 114.9 in January as household finances and the outlook for spending deteriorated.
China’s PPI Data Continue to Point to a Deflationary Environment
In December, China’s producer price index (or PPI) for manufactured goods fell 5.9% YoY, as manufacturers resorted to price-cutting due to weak demand.
China’s Position as a Global Economic Power Is Weakening
China saw its double-digit growth rates, recorded after the 2009 economic recession, fall to less than 7% as of fiscal 3Q15. Its global position is weakening.
China’s PPI Data Indicate Continued Deflationary Pressure
In October, China’s PPI for manufactured goods fell 5.9% YoY as manufacturers resorted to price-cutting due to weak demand.
What Do China’s CPI, PPI, and Debt Data Indicate?
China’s consumer price index (or CPI) rose to 1.6% year-over-year in September, mainly due to higher food prices and not improvement in economic activity.
Analyzing China’s Leverage and Deleveraging Process
“Leverage” means borrowing funds for investment purposes. It creates short-term and long-term debt cycles. Short-term debt cycles typically last for 5–8 years.
Westpac MNI Consumer Sentiment Indicator for China Up in September
The Westpac MNI China Consumer Sentiment Indicator rose 1.5% to 118.2 in September—the highest level since May 2014—from 116.5 in August.
Performance of 4 China-Focused Mutual Funds in September 2015
For the one-month ended September 30, 2015, the Clough China Fund Class A (CHNAX) stands out as the worst performer of our China-focused mutual funds with a return of -2.2%.
What Are China’s CPI, PPI, and Debt Data Indicating?
China’s CPI rose to 2% in August year-over-year, mainly due to higher food prices, especially pork, and not due to an improvement in economic activity.
Impact of the Slowdown in China’s Retail and Financial Sectors
The financial sector is the largest sectoral component of all four mutual funds. So how the sector performs will have a major impact on the returns of these funds.