Loading

Chinese economy showing good signs, airport traffic improving

Analysis

The Chinese economy is showing healthy signs, with the latest slew of data for Nov-2009 confirming the fastest pace of industrial production lifted in 29 month high, as well as solid retail spending (+15.8%). Inflation has returned for the first time in ten months, with consumer prices rising 0.6% in Nov-2009.

Imports have also returned to the levels seen before the global financial crisis, although exports still have some way to go, rising just 1.2% year-on-year in Nov-2009.

Chinese airports are benefiting from the strong economic activity with the CAAC East China Regional Administration reporting the following traffic highlights in Nov-09 for its member airports:

Shares in most Chinese airports eased on Friday, with Shanghai falling 1% and Guangzhou 1.5%. Shenzhen Airport managed a 0.4% gain.

Selected airports daily share price movements (% change): 11-Dec-09

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More