Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets
Why Chinese Factory Towns Are Outperforming Shanghai Stocks
Episode 54 of China Economy with Fexingo dives into a surprising divergence: while Chinese equities like the KraneShares CSI China Internet ETF (KWEB) are up 1.8% this week, giants like Alibaba (BABA) have dropped over 5%. Yet in factory towns across the Pearl River Delta, wages, consumption, and property prices are holding firm — even rising. Lucas and Luna unpack new data from China's National Bureau of Statistics showing that industrial output in second-tier manufacturing hubs grew 6.2% year-over-year in May, versus just 3.1% in first-tier cities. They explore how China's export…
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