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China — Market Overview

Asia>China

🇨🇳 China

China is still too large to read through one simple factor, but equity sentiment usually comes back to policy easing, the property cycle, industrial overcapacity risk, and the credibility of growth support. The market is generally framed through credit and liquidity policy, the balance between domestic demand and export pressure, and whether industrial leadership in strategic sectors can offset stress in property-linked activity.

Regionale Karte

Eckdaten

China auf einen Blick

Capital

Beijing

Currency

Chinese Yuan Renminbi (¥)

Primary exchange

Shanghai Stock Exchange

Central bank

People's Bank of China

Region

Asia

Time zone

Asia/Shanghai

Country dashboard

Warum dieser Markt wichtig ist

This version combines a stylized country map with a switchable macro explorer built from official published history, using OECD primary datasets where available and World Bank annual series where coverage is otherwise incomplete.

Makro-Explorer

Variablen wechseln, den Länderkontext behalten

These country charts now use official OECD quarterly and monthly history where the feed is actually published, with government debt added from the World Bank when a stable public series exists. Variables without dependable republishable coverage are left out instead of being interpolated, so each page shows fewer lines only when the source coverage is genuinely thinner.

Real GDP growth

Quarterly real GDP growth from OECD Quarterly National Accounts.

-20.0%-10.0%0.0%10.0%20.0%201120122013201420152016201720182019202020212022202320242025
Klicken Sie auf ein Jahr, um ab diesem Punkt zu zoomen.

Verfügbare Variablen

Real GDP growth

1.2%
1J-Trend-25.0%
Ø Wachstum-24.2%

Was das signalisiert

GDP growth is published quarterly and annualized, so each point captures how fast real output was expanding or contracting versus the prior quarter at an annual rate. It matters because it is the broadest scorecard of domestic economic momentum and sets the backdrop for revenues, employment, and policy expectations. Versus a year ago, the series is lower by 25.0%, which points to a softer or less supportive backdrop on this measure. Across the displayed window, the broader trend is still downward.

Handel und Außenposition

Exporte, Dienstleistungen und Außenbilanz

Statt einer generischen Wand aus Makro-Karten konzentriert sich dieser Abschnitt darauf, wie das Land Nachfrage aus dem Ausland gewinnt, wo sein Handelsvorteil liegt und wie sich die Außenbilanz entwickelt.

Gesamthandel China¥7,2 Bio.
Waren
Dienstleistungen
Waren
Dienstleistungen
Export¥4,0 Bio.
¥3,2 Bio.Import
Außenbilanz2024
Exporte +¥4,0 Bio.
Importe -¥3,2 Bio.
Saldo+¥830,0 Mrd.
¥4,0 Bio.
Total exports

The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand China is capturing across both physical products and higher-value intangible flows.

¥3,6 Bio.
Goods exports

This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.

¥445,9 Mrd.
Services exports

This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where China is strongest in higher-margin, knowledge-intensive, and branded service activities.

Handelszusammensetzung

Was das Land exportiert

Handelspartner

Wohin das Land handelt

Rohstoff-Perspektive

Rohstoff-Exposure

Goods share of exports88.9%

Goods made up 88.9% of total exports in 2024, leaving services at 11.1%.

Goods share of imports80.9%

Goods made up 80.9% of total imports in 2024, leaving services at 19.1%.

Largest export goods bucketManufactures 91.2%

This was the biggest WTO merchandise export group for China in 2024.

Largest import goods bucketManufactures 51.5%

This was the biggest WTO merchandise import group for China in 2024.

Merchandise balance$992.6B

Goods exports minus goods imports in 2024. A surplus here shows whether merchandise trade supports or drags on the overall external balance.

Worauf man achten sollte

Leserahmen

01

policy easing

China should first be read through policy easing. When this regime shifts, local multiples and sector leadership usually shift with it.

02

property stabilization

The market is generally framed through credit and liquidity policy, the balance between domestic demand and export pressure, and whether industrial leadership in strategic sectors can offset stress in property-linked activity. That makes property stabilization one of the most important signals for revising the country narrative.

03

export and industrial strategy

The final layer is export and industrial strategy, because it determines whether the macro backdrop turns into sustainable earnings support for the SSE Composite.

Weitere Länder

Weiter durch Asia

Jede Karte öffnet dieselbe Ländervorlage mit eigener Karte, umschaltbaren Makrovariablen und Benchmark-Ansicht. Dies ist das erste verknüpfte Netzwerk von Länderseiten in der Region.