China Beige Book International is a US firm focusing on the Chinese economy
The firm uses a method based on that used to compile the U.S. Federal Reserve's "Beige Book"
In summary, the most recent (quarterly) survey shows (these via Reuters):
- China Beige Book quarterly survey shows relative stability despite market crash
- Revenue growth slows slightly but capex rises
- Manufacturing weakens but services still vigorous
- Loan demand weakens sharply from Q2
More:
- "No collapse is nigh"
- Capital expenditure rebounded slightly in the period and the services sector showed strength
- "Perceptions of China may be more thoroughly divorced from facts on the ground than at any time in our nearly five years of surveying the economy"
- "Global sentiment on China has veered sharply bearish--too bearish. While we have long cautioned clients against relying on rosy official views of the Chinese economy, we believe sentiment has swung substantially too far in the opposite direction."