China New Loan Issuance Edges Lower In June
China new loan issuance for June was at 603 CNY billion. In May the issuance was at 639.4 CNY billion. Chart 1. China New Loans
Archive for July 12th, 2010
Chinese Trade Balance Flat In June
China trade balance was reported at USD 20.0 billion vs. USD 19.5 billion in May. Export and import growth were running at 43.9 and 34.1 percent. The imports are slowing down, I would say that will mean lower exports further down the road. The accumulated surplus is now at USD 55.8 billion vs. USD 97.4 billion for […]
China NDRC Property Index Rose 11.4% In June
Housing and commercial real-estate prices in China rose 11.4% in June compared with of 12.4% rise in May. It’s slowing down…I don’t understand spinning this as positive by mainstream media. Chart 1. China NDRC Property Price Index – House Price YoY
Baltic Dry Index At 1840, Down 3.3%
Again down… Longest loosing streak in nine years. Chart 1. Baltic Dry Index