Asia-Pacific Economic Calendar – Wednesday, December 31, 2025
China:
Official Manufacturing PMI (December 2025):
Actual: 50.1
Expected: 49.2
Previous: 49.9
Significance: Shows a return to expansion in Chinese manufacturing, indicating increased production and orders. Markets may respond...
Policy Update:
China has eased property-related taxes, offering relief to homebuyers and developers, such as lower deed taxes in selected cities.
No large-scale stimulus measures were introduced, meaning the government is avoiding aggressive intervention in the housing market.
Economic...
Manufacturing PMI
Actual: 50.1
Expected: 49.2
Interpretation: The manufacturing sector returned to expansion, beating expectations. This signals an increase in production, new orders, and overall industrial activity.
Non-Manufacturing (Services) PMI
Actual: 50.2
Expected: 49.8...
Manufacturing PMI
Actual: 50.1
Previous: 49.9
Interpretation: The manufacturing sector returned to expansion, moving above the 50.0 threshold. This indicates modest growth in production, new orders, and business activity.
Non-Manufacturing (Services) PMI
Actual: 50.2
Previous: 49.6...
AUD/USD reaction to China PMI
• The Australian Dollar has shown resilience following China’s RatingDog Manufacturing PMI rising to 50.1 in December, which beat expectations. This data typically supports AUD on optimism about demand for Australian exports. At the time of reporting, AUD/USD traded...
Here’s a concise summary of the China RatingDog Manufacturing PMI for December 2025:
Actual: 50.1
Previous: 49.9
Interpretation: The PMI rose above the 50.0 threshold, signaling a return to mild expansion in Chinese manufacturing activity.
Implications:
Production and domestic orders...
China S&P Global/RatingDog December 2025 Manufacturing PMI:
Actual: 50.1
Expectations: 49.8
Prior (November): 49.9
This means the headline PMI moved back above the 50.0 expansion threshold, showing a return to mild expansion in factory activity at the end of 2025 and beating both the forecast...
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What are the “Justice Mission 2025” drills?
China’s People’s Liberation Army (PLA) Eastern Theater Command has launched a major military exercise code‑named “Justice Mission 2025” around Taiwan Island. This operation involves coordinated forces from the army, navy, air force, and rocket troops...
🇨🇳 What China Announced
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🔎 What’s Happening
The U.S. government has announced plans to impose tariffs on Chinese semiconductor imports—a move targeting what Washington calls Beijing’s “unreasonable” efforts to dominate the global chip industry. However, these new duties will not take effect until June 2027. The tariff...
🧪 Japan’s Deep-Sea Rare-Earth Mining Initiative
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🪖 1. What Was Approved
The **U.S. government has approved an arms sales package to Taiwan valued at over ~$10 billion, one of the largest such deals ever.
The package reportedly includes rocket systems (HIMARS), tactical missiles (ATACMS), self-propelled howitzers, drones, anti-tank missiles...
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📌 What the Central Economic Work Conference Is
The Central Economic Work Conference is China’s annual high-level meeting where top leaders (including Xi Jinping and senior economic policymakers) set broad economic priorities and policy directions for the coming year. It typically addresses...
🔎 Why a potential RRR cut matters — what it could mean for China & markets
A cut to the RRR tends to release liquidity into China’s banking system. That means more money supply, easier credit, and support for domestic investment/consumption.
For China — a major global economic engine — easier...
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