China GDP growth disappoints?

The 8.1% year-on-year growth for the first quarter was lower than forecast.

BBVA Research said:

Q1 GDP of China registered lower than expected 8.1% y/y growth (BBVA: 8.7%; consensus: 8.3%), down from 8.9% y/y from the previous quarter, mainly on sluggish investment.

Despite the sharper slowdown, we believe that the growth momentum has bottomed and should rebound through the rest of the year on supportive policies, including easing monetary policy and consumption subsidies. This is consistent with the better than expected PMI outturn for March.

Moreover, aggregate credit also shows larger-than-expected new loans. The weaker-than-expected GDP strengthens the case for RRR cuts (100-150bps cuts in the coming months), and up to two interest rate cuts if external environment deteriorates and inflation remains contained.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia