Reliable data on the Chinese economy are hard to come by. That's why we created China Beige Book.
Accurate, up-to-date information on China's economy is notoriously difficult to come by. Official statistics exist, but they lack transparency and their credibility has long been called into question. Reliable data at the regional level is non-existent. Combined with the difficulty of accessing credible industry-specific information, there has never been an analytical product commercially available that could provide fresh, in-depth, and independent data on the full expanse of the Chinese economy — until now.
Adapted from methodology used by the U.S. Federal Reserve's "Beige Book," the China Beige Book™ is a 60-80 page quarterly report that uses both quantitative and qualitative data to track real-time conditions within the Chinese economy, both regionally as well as within each of eight key sectors within each region.
In addition to providing clients with real-time growth, employment, wage, and inflation data that is often months (if not quarters) ahead of lagging official data, China Beige Book™ provides a uniquely granular window into the country's historically opaque credit environment. China Beige Book™ is the first analytical report to ever use country-wide, independently-collected data to track China's shadow banking universe, allowing it to break down the China's non-bank (unofficial) lending rates not just nationally or by region, but also for each sector and sub-sector within each region, as well as for other categories such as firm size or export/import concentration.
Using this approach, China Beige Book™ has solved the most critical issues puzzling China watchers for decades: What is the true cost of capital in the Chinese economy? How is it being accessed? And who or what are able to access it over time?