Friday, July 1, 2022

China likely to recover earlier than the world?

I've got round to calculating my China indices.  China is the world's second- or third-largest economy, after the USA and Europe.  

I've plotted my leading and coinciding indices side by side for two different time periods ― longer term, pre-Covid, and since 2019.  My Chinese leading index leads the economy by about 1 year, and has recently started rising.  My coinciding index is still falling.  But, since China has adopted a zero-covid policy, every outbreak could lead to major cities or regions being closed down, so both my leading and coinciding indices may be at any time thrown out of kilter.

I'll keep you posted.




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