Asia / Mainland China

Mainland China

Group Research / October 01, 2019

Photo Credit - AFP

Mainland China
GDP growth, % YoY6.
CPI inflation, % YoY2.
Exchange rates, end of period7.
Policy interest rates, end of period4.354.354.354.354.35
/aics/[Akamai-Origin-Hop] = [2] [Accept] = [text/html,application/xhtml+xml,application/xml;q=0.9,*/*;q=0.8] [User-Agent] = [CCBot/2.0 (] [Connection] = [close] [X-Forwarded-Host] = [] [Host] = [] [Accept-Encoding] = [gzip] [True-Client-IP] = [] [Akamai-Origin-Request] = [1] [Via] = [1.1 (AkamaiGHost), 1.1 (AkamaiGHost)] [X-Akamai-CONFIG-LOG-DETAIL] = [true] [Cache-Control] = [max-age=21600] [X-Forwarded-For] = [,,] [Accept-Language] = [en-US,en;q=0.5] [X-Forwarded-Server] = [] templatedata/article/region/data/en/AIO/012016/19012016_china.xmlaics/regionMainland ChinaChina Industry InsightsInsightsIndustryView AllRead Morenotaligned245Infrastructure investment set to be key tool for economic stimulus for China’s economy in 2020.ChinaInfrastructure/iwov-resources/aics/images/AICS/AIO/en/012020/200121_insights_thumb_china_infra.jpg/aics/templatedata/article/generic/data/en/GR/012020/200121_insights_china_infra.xmlChina Infrastructure sector: Opportunities present in challenging timesJanuary 21, 2020Decent upside expected from China’s property sector on the back of widely anticipated easing policy and good annual results from developers in 2019.ChinaReal Estate/iwov-resources/aics/images/AICS/AIO/en/012020/200120_insights_thumb_china_property.jpg/aics/templatedata/article/generic/data/en/GR/012020/200120_insights_china_property.xmlChina Property Sector: A stable path ahead in 2020January 20, 2020What would it take to bring a domestic smart home appliance manufacturer to the global stage? Our analysts studied the evolving preferences of Chinese consumers and have some answers.ChinaConsumer/iwov-resources/aics/images/AICS/AIO/en/012020/200120_insights_thumb_china_home_appliance.jpg/aics/templatedata/article/generic/data/en/GR/012020/200120_insights_china_home_appliance.xmlChina Home Appliance Sector: A smart leapJanuary 20, 2020China Economics InsightsInsightsEconomicsView AllRead Morenotaligned34China’s GDP growth will moderate to 5.8% next year, slower than the 6.1% forecast for 2019. Intensified policy support is a necessity to buttress the economy.ChinaGrowth/iwov-resources/aics/images/AICS/AIO/en/112019/191111_insights_thumb_China.jpg/aics/templatedata/article/generic/data/en/GR/112019/191111_insights_china.xmlChina Outlook 2020: A Better Year AheadNovember 11, 2019China’s GDP growth edged down from 6.2% YoY in 2Q to 6.0% YoY in 3Q, in line with our forecast.ChinaGrowth/iwov-resources/aics/images/AICS/AIO/en/102019/191021_insights_thumb_china.jpg/aics/templatedata/article/generic/data/en/GR/102019/191021_insights_china.xmlChina: How far can consumption drive the economy?October 21, 2019China’s growth has averaged 10% a year since 1978 and 850mn people have been lifted out of poverty. Given increased focus on technology innovation, the chance of further gains seems substantial.ChinaGrowth/iwov-resources/aics/images/AICS/AIO/en/092019/190930_economics_thumb_china_chartbook.jpg/aics/templatedata/article/generic/data/en/GR/092019/190930_economics_china_chartbook.xmlChina Chartbook : 70th Anniversary of the People’s Republic of ChinaSeptember 30, 2019China Economics DailyEconomicsView AllRead Morenotaligned47Real GDP growth stabilized at 6.0% in 4Q19 and brought full-year growth to 6.1% in 2019.ChinaGrowth/iwov-resources/aics/images/AICS/AIO/en/012020/200120_insights_thumb_china.jpg/aics/templatedata/article/generic/data/en/GR/012020/200120_insights_china.xmlChina: A mild recovery in sightJanuary 20, 2020The People’s Bank of China conducted RMB300bn of one-year medium-term lending facility at 3.25% on Wednesday.ChinaMonetary/iwov-resources/aics/images/AICS/AIO/en/012020/200116_insights_thumb_china.jpg/aics/templatedata/article/generic/data/en/GR/012020/200116_insights_china.xmlChina: More PBOC cash injection aheadJanuary 16, 2020Domestic activities pointed to a mild recovery in November.ChinaGrowth/iwov-resources/aics/images/AICS/AIO/en/122019/191217_insights_thumb_china.jpg/aics/templatedata/article/generic/data/en/GR/122019/191217_insights_china.xmlChina: Some relief but challenges remainDecember 17, 2019China EquitiesInsightsEquitiesView AllRead Morenotaligned44Partial trade deal between US and China, coupled with buzzling activity on the HK Stock Exchange, rekindles risk appetite for investors.ChinaEquities/iwov-resources/aics/images/AICS/AIO/en/012020/200106_strategy_thumb_monthly_market_pulse.jpg/aics/templatedata/article/generic/data/en/GR/012020/200106_strategy_monthly_market_pulse.xmlMonthly Market Pulse: Off to a good startJanuary 06, 2020Decoupling of US-China relations will define future investment environment, including new opportunities for companies and investors to leverage.ChinaStrategy/iwov-resources/aics/images/AICS/AIO/en/122019/191206_strategy_thumb_2020_outlook.jpg/aics/templatedata/article/generic/data/en/GR/122019/191206_strategy_2020_outlook.xml2020 Market Outlook: Hindsight is 20/20December 06, 2019Civil unrest in HK adds to challenging relationship stemming from US-China trade war. Investors advised to focus on defensive names and those that offer secular growth opportunities.ChinaEquities/iwov-resources/aics/images/AICS/AIO/en/102019/191004_strategy_thumb_hk_monthly.jpg/aics/templatedata/article/generic/data/en/GR/102019/191004_strategy_hk_monthly.xmlMonthly Market Pulse: IPO activities resume despite ongoing challengesOctober 04, 2019

Disclaimers and Important Notices

The information herein is published by DBS Bank Ltd and PT Bank DBS Indonesia (collectively, the “DBS Group”). It is based on information obtained from sources believed to be reliable, but the Group does not make any representation or warranty, express or implied, as to its accuracy, completeness, timeliness or correctness for any particular purpose. Opinions expressed are subject to change without notice. Any recommendation contained herein does not have regard to the specific investment objectives, financial situation & the particular needs of any specific addressee. The information herein is published for the information of addressees only & is not to be taken in substitution for the exercise of judgement by addressees, who should obtain separate legal or financial advice. The Group, or any of its related companies or any individuals connected with the group accepts no liability for any direct, special, indirect, consequential, incidental damages or any other loss or damages of any kind arising from any use of the information herein (including any error, omission or misstatement herein, negligent or otherwise) or further communication thereof, even if the Group or any other person has been advised of the possibility thereof. The information herein is not to be construed as an offer or a solicitation of an offer to buy or sell any securities, futures, options or other financial instruments or to provide any investment advice or services. The Group & its associates, their directors, officers and/or employees may have positions or other interests in, & may effect transactions in securities mentioned herein & may also perform or seek to perform broking, investment banking & other banking or finan­cial services for these companies. The information herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Sources for all charts & tables are CEIC & Bloomberg unless otherwise specified.

DBS Bank Ltd., 12 Marina Blvd, Marina Bay Financial Center Tower 3, Singapore 018982. Tel: 65-6878-8888. Company Registration No. 196800306E.

PT Bank DBS Indonesia, DBS Bank Tower, 33rd floor, Ciputra World 1, Jalan Prof. Dr. Satrio Kav 3-5, Jakarta, 12940, Indonesia. Tel: 62-21-2988-4000. Company Registration No.