Economist, Centennial Asia Advisors

Jason Tan

Economist

Centennial Asia Advisors

At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way. With over 30 years experience covering Asia’s political economy, you can be sure our conclusions and analyses are based on the unadulterated facts. Through years of fine-tuning our research methodologies, we deliver a quality of macroeconomic analysis few other houses can match.

Centennial Asia Advisors is an independent research and advisory firm that works with governments, multilateral institutions, financial firms and leading MNCs.

Economic Policy and Strategic Advisors

Macroeconomics

Chinese economy continues tepid streak<ul>
<li>
Industrial profits fell 7% y/y in Dec 15, sliding further from a 1.4% y/y decline in Nov 15, mainly due to weak demand and overcapacity. The mining sector, and state-owned enterprises in over-capacity sectors were worst hit.</li>
<li>
Official manufacturing PMI fell to a three-year low of 49.4 in Jan 16 from 49.7 in December while services PMI declined to 53.5 from a 16-month high of 54.4 in Dec 15.</li>
<li>
Caixin manufacturing PMI - which focuses more on SMEs - ticked up…</li>
</ul>

Chinese economy continues tepid streak

Industrial profits fell 7% y/y in Dec 15, sliding further from a 1.4% y/y decline in Nov 15, mainly due to weak demand and overcapacity. The mining sector, and state-owned enterprises in over-capacity sectors were worst hit.

Official manufacturing PMI fell to a three-year low of 49.4 in Jan 16 from 49.7 in December while services PMI declined to 53.5 from a 16-month high of 54.4 in Dec 15.

Caixin manufacturing PMI - which focuses more on SMEs - ticked up…


China: Economy Weak, Anti-Corruption Drive Unabated