Loading page…
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.
Regional map
Start here
You do not need a finance background. Start with the essentials, then go deeper only where useful.
Use the key figures to see the country’s size, currency and current economic backdrop.
Pick one variable at a time and see how it has changed over time.
The final cards explain the few forces that can move companies and the local market.
Key facts
Capital
Currency
Primary exchange
Central bank
Region
Time zone
Country dashboard
A policy-shaped market where credit direction, property stabilization, and industrial strategy dominate sentiment.
Macro explorer
Click an indicator to open a focused read instead of scanning every card at once.
Quarterly real GDP growth from OECD Quarterly National Accounts.
Available variables
Trade and external position
The latest available data show exports of $4.0T and imports of $3.2T, leaving an external balance of +$830.0B. Services account for 11.1% of total exports.
This is the broadest export figure for China in the WTO annual data, combining merchandise and commercial services. Goods account for 88.9% of the total and services for 11.1%, which quickly shows whether the export machine is still mainly physical trade or already more service-heavy.
This is the merchandise side of the export base. In 2024, the biggest WTO goods bucket was manufactures at 91.2% of merchandise exports, which is the cleanest shortcut for what really drives the physical export mix.
This is the services side of exports, covering travel, transport, finance, IP, digital, and business services. The largest WTO services export sector in 2024 was other business services at $112.7B, which helps explain where intangible export strength is concentrated.
Commodity lens
Goods made up 88.9% of total exports in 2024, leaving services at 11.1%.
Goods made up 80.9% of total imports in 2024, leaving services at 19.1%.
This was the biggest WTO merchandise export group for China in 2024.
This was the biggest WTO merchandise import group for China in 2024.
Goods exports minus goods imports in 2024. A surplus here shows whether merchandise trade supports or drags on the overall external balance.
Source: WTO bulk download page,
What to watch
China should first be read through policy easing. When this regime shifts, local how highly shares are valued and sector leadership usually shift with it.
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.
The final layer is export and industrial strategy, because it determines whether the macro backdrop turns into sustainable profits support for the SSE Composite.
Other countries
Each card opens the same country template with its own map, switchable macro variables, and benchmark view. This is the first linked network of country pages across the region.
Asia
A resource-and-banks market where China sensitivity, commodities, rates, and domestic housing all matter.
Asia
A domestic-growth market driven by credit expansion, capex, consumption, and rising equity participation.
Asia
A globally exposed market where yen direction, corporate reform, and export cyclicals drive relative performance.
Asia
A financial and logistics hub where global trade, banking, property, and regional capital flows set the tone.
Asia
A manufacturing and semiconductor market tightly linked to the global electronics, memory, and export cycle.
Asia
A concentrated technology market dominated by semiconductors, electronics supply chains, and AI-capex leverage.
Real GDP growth
What This Signals
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.