China’s Sentiment Swallow Does Not Make A Cyclical Spring — Panjiva
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China’s Sentiment Swallow Does Not Make A Cyclical Spring

Business Sentiment 140 China 1758 Trade Balance 657

Export order sentiment among China’s businesses improved in March with the latest CFLP reading of 47.1% compared to 45.2% result in February. That may reflect optimism around U.S.-China trade negotiations but is still in contractionary territory. It also represents a seasonal rebound after the lunar new year holiday. Indeed the month-on-month improvement has been seen in nine of the past 10 years. Export data from South Korea and from the first two months of 2019 for China and across Asia-Pacific – with an average 4.0% decline indicated by the 10 countries that have reported so far – sug...

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