China Economic Dashboard — Rates, Inflation & Macro Data

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China Economic Dashboard — Rates, Inflation & Macro Data | MacroBrief

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China — Macro Snapshot

Moderate Growth — MacroBrief classifies CHN as experiencing moderate growth — GDP is at 5.0%. Based on 2025-Q4 data.

Based on 2025-Q4 data.

The People's Bank of China has set the policy rate at 3.00%. Headline inflation stands at 0.6%, with unemployment at 5.0%. GDP growth is running at 5.0%.

Data sources: NBS (Q4 2025), People's Bank of China, national statistics. Currency: CNY. Classification: MacroBrief Regime Framework v2.4.

Annual data typically lags. Latest available: 2024

Year	GDP	Debt/GDP	C/A	Savings	Budget	CPI
2024	¥130T	83%	+1.5%	45%	-7.1%	0.2%
2023	¥126T	77%	+1.4%	44%	-7.4%	0.2%
2022	¥121T	72%	+2.3%	46%	-4.7%	2.0%

How to read this table

GDP — Nominal GDP in US dollars. Measures total economic output.

Debt/GDP — Government debt as % of GDP. Above 100% indicates debt exceeds annual output.

C/A — Current account balance (% of GDP). Negative = importing more than exporting.

Savings — Gross national savings rate. Higher savings provide a buffer against external shocks.

Budget — Government budget balance (% of GDP). Negative = fiscal deficit.

CPI — Consumer price inflation (year over year). Central banks typically target ~2%.

Annual data typically lags 1–2 years. Rows marked Forecast are IMF projections. One year changes may not reflect the underlying trend — compare across 3–5 years.

Weekly Newsletter

China — Macro Snapshot

Key Drivers

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Key Drivers

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What Changed

Why It Matters

Financing Impact

What to Watch Next

Yield Curve

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Bond Yields

Mortgage Rate Outlook (12–24 months)i

Decision lens

Base Case

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Signals to watch

Mortgage Payment Calculator

Key Events

Analysisi

Methodology

Rate Transmissioni

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Variable may fit if you…

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GDP Growth

Inflation

Macro Fundamentalsi

How to read this table

Industry Footprinti

Currency & FX Lens

Why it matters for borrowers

FX drivers to watch

Trade Balancei

Top Trading Partners

Why it matters for borrowers

Mortgage Rate Outlook (12–24 months)

Analysis

Rate Transmission

Borrower Fit Guide

Macro Fundamentals

Industry Footprint

Trade Balance