China Beige Book International
The company China Beige Book International describes its company thusly:
| “ | Reliable data on China’s economy are notoriously difficult to come by. Official Chinese government figures exist, but lack transparency and credibility, while the few private indicators that exist are far too limited in size and scope for strategic planning.
We founded China Beige Book International in 2010 to help institutional investors and corporate CEOs navigate China’s notoriously black box economy. Today we operate the largest private in-country data-collection network ever developed to track the Chinese marketplace, gathering real-time economic data from thousands of firms across all of China’s regions, sectors, and 34 discrete industries. Our flagship platform provides independent data and in-depth analysis on every key component of China’s diverse economy—from growth dynamics to labor market and inflation trends to the world’s only tracker of the credit environment and shadow banking.[1] |
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Due to China's ongoing real estate crisis, there have been many sensationalist doom and gloom forecasts about China's future economic prospects. On the other hand, China's Beige Book International has been very judicious and measured in its economic forecasts. The company previously argued that China's economy hasn't peaked, but now it no longer argues this.
In October 2023, Leland Miller, who is the CEO of China Beige Book International, now argues that we are in a new paradigm about China's future economy due to structural problems and "Right now we are in a period where everything is looking pretty bad."[2]
External links
- China Beige Book International, Company website
