China Roundtable: A More Challenging Decade Ahead
Event / Country Risk / China / -
Webinar - Webinar | 09:30 London | 16:30 Singapore
Learn MoreConsumer Goods Trade And Manufacturing Supply Chains Have Started To Shift
Consumer & Retail / China / Tue 02 Jun, 2020
Key View:
- Despite rising labour costs, China is still the largest manufacturer globally and it is unlikely that one nation will be able to take on the same level of manufacturing as China, but there are signs that the consumer goods manufacturing is starting beyond China.
- Manufacturing of labour intensive consumer goods (clothing, footwear
Covid-19 Pandemic Exposed Over-Reliance On China For Pharmaceutical Raw Materials
Pharma & Healthcare / China / Tue 26 May, 2020
Key View
- Supply chain disruptions caused by the pandemic have heightened concerns by governments globally about how China's dominance of APIs could threaten their domestic drug security.
- The US has recognised the need to become more self-sufficient.
- We believe that supply chain diversification and reshoring will not be a quick process.
Chinese Solar Growth To Remain Resilient Despite Covid-19 Pressures
Renewables / China / Mon 30 Mar, 2020
Key View
- We have revised China’s power consumption growth for 2020 to 3.0%, from the initial 4.5%, in light of the ongoing Covid-19 outbreak. We expect solar generation to remain resilient despite the overall demand shock for power generation by extension.
- We believe that China’s solar growth will also be underpinned by ongoing government
2020 China Growth Revised Down To 2.6%
Country Risk / China / Tue 24 Mar, 2020
Key View
- We have revised our 2020 real GDP forecast downward to 2.6% from 4.2% previously.
- This reflects the likely sharp contraction in real GDP in Q120, as well as the worsening global economic outlook due to an increasingly aggressive Covid-19 pandemic.
- Despite the likelihood of a hard landing in 2020 and aggressive action taken by
Gym And Fitness Subscription A Trend To Watch In China, Despite Covid-19 Outbreak
Consumer & Retail / China / Thu 19 Mar, 2020
Key View:
- A large youth population, expanding wealth and increasing health awareness are the demand drivers behind the gym and fitness-as-a-subscription services (yoga, spin, boxing) expansion in China.
- While this sector has struggled during the Covid-19 (coronavirus) outbreak, we believe that this will be a short term dampening to this trend
Chinese Healthcare Market Forecast Revised Upwards
Pharma & Healthcare / China / Tue 17 Mar, 2020
Key View
- We at Fitch Solutions believe that the outbreak of coronavirus will place significant upside pressure on healthcare sales in China.
- Relatively high levels of public expenditure on medical services will be maintained in China despite restrictions on government spending due to macroeconomic dynamics.
- Overall, the Chinese healthcare
China 2020 Growth Revised To 5.2%; Three Downside Scenarios
Country Risk / China / Fri 13 Mar, 2020
Key View
- We at Fitch Solutions have revised our 2020 real GDP growth forecast to 5.2%, from 5.6% previously, given indications of a sharp slowdown in Q120 and the increasing risk of global economic disruptions given the worsening spread of Covid-19.
- Amid the still fluid situation with regard to the Covid-19 pandemic, we outline three downside
China's 2020 Growth Forecast Could Be Revised Down 0.5 Percentage Points Owing To Coronavirus Risks
Country Risk / China / Thu 30 Jan, 2020
Key View
- We at Fitch Solutions note the possibility of a revision to our China real GDP growth forecast within a range of 5.4%-5.9% for 2020.
- We do not rule out a downside risk beyond 5.4% as the economy is currently in a weaker position than it was in 2003 and has less policy space to weather the negative shock in the event of an extended and
Wuhan Virus A Downside Risk To Chinese And Global Economies
Country Risk / China / Fri 24 Jan, 2020
Editor's Note: This article was first published on January 24 and was last updated on January 28 to account for new developments.
Key View
- We expect the services sector, now more than 60% of the economy, to be negatively affected by the 2019 Novel Coronavirus, posing downside risks to our 5.9% 2020 real GDP growth forecast.
- While the
