What drives China's economy?

The world's second-largest economy, caught between an export-driven past and a consumer-led future, with a bruised property sector and a state that steps in when needed. Each row traces a chain of real events that moved demand, manufacturing, trade, and monetary policy in China.

China Economy103.45▲ 11.9% · 30d · 37 chains
2026-05-01: 0 bull · 1 bear2026-04-30: 0 bull · 3 bear2026-04-29: 0 bull · 7 bear2026-04-28: 0 bull · 6 bear2026-04-27: 0 bull · 5 bear2026-04-26: 0 bull · 4 bear2026-04-24: 0 bull · 2 bear2026-04-21: 0 bull · 1 bear2026-04-20: 0 bull · 1 bear2026-04-16: 0 bull · 1 bear2026-04-14: 1 bull · 0 bear2026-04-10: 1 bull · 2 bear2026-04-10: 1 bull · 2 bear2026-04-09: 0 bull · 1 bear2026-04-02: 0 bull · 1 bear
APR 2APR 14APR 23MAY 1

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MAY 1 – MAY 31, 2026
MAY 1
🇺🇸 Shipping Disruption 2026-04-30
🌍 Energy Supply Disruption 2026-04-30
The naval blockade disrupts energy supply, raising inflation concerns.
🌍 INFLATION ▲ 2026-05-01
Energy supply disruption raises costs, leading to higher inflation expectations.
APR 30
🇺🇸 Shipping Disruption 2026-04-30
🌍 Oil Price Rise 2026-04-30
The US blockade of Iran reduces oil supply, pushing oil prices higher.
🌍 INFLATION ▲ 2026-04-30
Oil price rise increases production and transport costs, leading to higher overall prices.
APR 29
🕌 Conflict Escalation 2026-04-29
🌍 INFLATION ▲ 2026-04-29
Conflict in the Middle East raises energy prices, which increases costs and pushes inflation higher.
🌍 Precious Metal Price Decline 2026-04-29
Inflation rise leads to expectations of higher interest rates, which makes non-yielding precious metals less attractive.
🇮🇷 Energy Shock 2026-04-29
🌍 INFLATION ▲ 2026-04-29
Oil price gains from the Iran war energy shock increase costs, leading to higher global inflation.
🌍 Precious Metal Price Decline 2026-04-29
Inflation rise leads to expectations of higher interest rates, which makes non-yielding precious metals less attractive.
🇺🇸 Peace Talks Stall 2026-04-29
🌍 INFLATION ▲ 2026-04-29
Stalled peace talks disrupted oil flows, tightening supply and raising inflation.
🌍 Precious Metal Price Decline 2026-04-29
Inflation rise leads to expectations of higher interest rates, which makes non-yielding precious metals less attractive.
APR 28
🇮🇷 Peace Talks Stall 2026-04-28
🌍 INFLATION ▲ 2026-04-28
Stalled peace talks disrupt oil supply, raising energy costs and fueling inflation.
🌍 Interest Rate Rise Expectation 2026-04-28
Rising inflation makes investors expect central banks to raise interest rates.
🌍 Silver Price Decline 2026-04-28
Expectation of higher interest rates makes silver less attractive as a non-yielding asset.
🇺🇸 Vessel Seizure 2026-04-20
🇮🇷 Military Strike 2026-04-20
The US seized an Iranian vessel, so Iran retaliated with drone strikes.
🌍 Shipping Disruption 2026-04-23
Iran's capture of ships in the Strait of Hormuz disrupts shipping, raising concerns.
🌍 INFLATION ▲ 2026-04-28
Closure of Strait of Hormuz threatens oil supply, raising energy costs and pushing inflation higher.
🌍 Precious Metal Price Decline 2026-04-29
Inflation rise leads to expectations of higher interest rates, which makes non-yielding precious metals less attractive.
APR 27
🕌 Military Conflict 2026-04-27
🌍 Energy Price Rise 2026-04-27
The Middle East conflict disrupted energy supplies, causing global energy prices to rise.
🌍 INFLATION ▲ 2026-04-27
Higher energy prices increase production and transport costs, pushing up overall prices.
🌍 Interest Rate Rise Expectation 2026-04-28
Rising inflation makes investors expect central banks to raise interest rates.
🌍 Silver Price Decline 2026-04-28
Expectation of higher interest rates makes silver less attractive as a non-yielding asset.
🇮🇷 Military Blockade 2026-04-27
🌍 GDP ▼ 2026-04-27
The blockade disrupts oil supply, raising costs and inflation, which slows global economic growth.

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APR 26
🇮🇷 Military Strike 2026-04-26
🌍 GDP ▼ 2026-04-26
The Iran war disrupts oil supply, raising costs and inflation, which hurts global economic growth.
🇮🇷 Military Strike 2026-04-26
🌍 INFLATION ▲ 2026-04-26
The military strike and blockade disrupt oil supply, raising energy costs and causing global inflation.
🌍 Interest Rate Rise Expectation 2026-04-28
Rising inflation makes investors expect central banks to raise interest rates.
🌍 Silver Price Decline 2026-04-28
Expectation of higher interest rates makes silver less attractive as a non-yielding asset.
APR 1 – APR 30, 2026
APR 30
🇺🇸 Shipping Disruption 2026-04-30
🌍 Energy Supply Disruption 2026-04-30
The naval blockade disrupts energy supply, raising inflation concerns.
🌍 INFLATION ▲ 2026-04-30
Energy supply disruption raises costs, leading to higher inflation expectations.
🇺🇸 Shipping Disruption 2026-04-30
🌍 Oil Price Rise 2026-04-30
The US blockade of Iran reduces oil supply, pushing oil prices higher.
🌍 INFLATION ▲ 2026-04-30
Oil price rise increases production and transport costs, leading to higher overall prices.
APR 29
🕌 Conflict Escalation 2026-04-29
🌍 INFLATION ▲ 2026-04-29
Conflict in the Middle East raises energy prices, which increases costs and pushes inflation higher.
🌍 Precious Metal Price Decline 2026-04-29
Inflation rise leads to expectations of higher interest rates, which makes non-yielding precious metals less attractive.
🇮🇷 Energy Shock 2026-04-29
🌍 INFLATION ▲ 2026-04-29
Oil price gains from the Iran war energy shock increase costs, leading to higher global inflation.
🌍 Precious Metal Price Decline 2026-04-29
Inflation rise leads to expectations of higher interest rates, which makes non-yielding precious metals less attractive.
🇺🇸 Peace Talks Stall 2026-04-29
🌍 INFLATION ▲ 2026-04-29
Stalled peace talks disrupted oil flows, tightening supply and raising inflation.
🌍 Precious Metal Price Decline 2026-04-29
Inflation rise leads to expectations of higher interest rates, which makes non-yielding precious metals less attractive.
🇺🇸 Shipping Disruption 2026-04-29
🌍 Oil Price Rise 2026-04-29
The US naval blockade restricts oil shipments, reducing supply and pushing prices higher.
🌍 INFLATION ▲ 2026-04-29
Higher oil prices increase costs for fuel and goods, pushing overall prices up.
🌍 Precious Metal Price Decline 2026-04-29
Inflation rise leads to expectations of higher interest rates, which makes non-yielding precious metals less attractive.
APR 28
🇮🇷 Peace Talks Stall 2026-04-28
🌍 INFLATION ▲ 2026-04-28
Stalled peace talks disrupt oil supply, raising energy costs and fueling inflation.
🌍 Interest Rate Rise Expectation 2026-04-28
Rising inflation makes investors expect central banks to raise interest rates.
🌍 Silver Price Decline 2026-04-28
Expectation of higher interest rates makes silver less attractive as a non-yielding asset.
🇺🇸 Vessel Seizure 2026-04-20
🇮🇷 Military Strike 2026-04-20
The US seized an Iranian vessel, so Iran retaliated with drone strikes.
🌍 Shipping Disruption 2026-04-23
Iran's capture of ships in the Strait of Hormuz disrupts shipping, raising concerns.
🌍 INFLATION ▲ 2026-04-28
Closure of Strait of Hormuz threatens oil supply, raising energy costs and pushing inflation higher.
🌍 Precious Metal Price Decline 2026-04-29
Inflation rise leads to expectations of higher interest rates, which makes non-yielding precious metals less attractive.
🇮🇷 Military Conflict 2026-04-27
🌍 Energy Supply Disruption 2026-04-27
The Iran conflict closed the Strait of Hormuz, reducing oil shipments and causing supply disruptions.
🌍 INFLATION ▲ 2026-04-28
Disrupted energy supplies raise costs, pushing overall prices higher.
🌍 Interest Rate Rise Expectation 2026-04-28
Rising inflation makes investors expect central banks to raise interest rates.
🌍 Silver Price Decline 2026-04-28
Expectation of higher interest rates makes silver less attractive as a non-yielding asset.
🇺🇸 Diplomacy Setbacks 2026-04-27
🌍 Oil Price Rise 2026-04-27
Stalled peace talks raised supply disruption fears, pushing oil prices higher.
🌍 INFLATION ▲ 2026-04-28
Surging oil prices increase production and transportation costs, leading to higher overall prices.
🌍 Precious Metal Price Decline 2026-04-29
Inflation rise leads to expectations of higher interest rates, which makes non-yielding precious metals less attractive.
APR 27
🕌 Military Conflict 2026-04-27
🌍 Energy Price Rise 2026-04-27
The Middle East conflict disrupted energy supplies, causing global energy prices to rise.
🌍 INFLATION ▲ 2026-04-27
Higher energy prices increase production and transport costs, pushing up overall prices.
🌍 Interest Rate Rise Expectation 2026-04-27
Higher inflation makes central banks more likely to raise interest rates.
🌍 Precious Metal Price Decline 2026-04-27
Expectations of higher interest rates strengthen the dollar, making precious metals less attractive.
🇮🇷 Military Blockade 2026-04-27
🌍 GDP ▼ 2026-04-27
The blockade disrupts oil supply, raising costs and inflation, which slows global economic growth.
🇺🇸 Diplomacy Setbacks 2026-04-27
🌍 Oil Price Rise 2026-04-27
Stalled peace talks raised supply disruption fears, pushing oil prices higher.
🌍 INFLATION ▲ 2026-04-27
Higher oil prices increase production and transport costs, leading to higher overall prices.
🌍 Interest Rate Rise Expectation 2026-04-28
Rising inflation makes investors expect central banks to raise interest rates.
🌍 Silver Price Decline 2026-04-28
Expectation of higher interest rates makes silver less attractive as a non-yielding asset.
APR 26
🇮🇷 Military Strike 2026-04-26
🌍 GDP ▼ 2026-04-26
The Iran war disrupts oil supply, raising costs and inflation, which hurts global economic growth.
🇮🇷 Military Strike 2026-04-26
🌍 INFLATION ▲ 2026-04-26
The military strike and blockade disrupt oil supply, raising energy costs and causing global inflation.
🌍 Interest Rate Rise Expectation 2026-04-26
Higher inflation makes central banks more likely to raise rates to control it.
🌍 Precious Metal Price Decline 2026-04-27
Expectations of higher interest rates strengthen the dollar, making precious metals less attractive.

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APR 24
🇺🇸 Military Strike 2026-04-24
🌍 Fuel Price Rise 2026-04-24
Tensions and blockades in the Strait of Hormuz disrupted oil supply, pushing energy prices higher.
🌍 GDP ▼ 2026-04-24
Higher oil prices increase costs and inflation, slowing economic growth.
🇺🇸 Military Strike 2026-04-24
🌍 Fuel Price Rise 2026-04-24
Tensions and blockades in the Strait of Hormuz disrupted oil supply, pushing energy prices higher.
🌍 INFLATION ▲ 2026-04-24
Higher oil prices increase production and transportation costs, leading to higher overall prices.
🌍 Interest Rate Rise Expectation 2026-04-26
Higher inflation makes central banks more likely to raise rates to control it.
🌍 Precious Metal Price Decline 2026-04-27
Expectations of higher interest rates strengthen the dollar, making precious metals less attractive.
APR 21
🇮🇷 Conflict Escalation 2026-04-20
🌍 Energy Supply Shock 2026-04-20
Renewed military conflict in the Strait of Hormuz has disrupted oil shipments, creating a global shortage.
🌍 INFLATION ▲ 2026-04-21
The Middle East conflict has reduced energy supplies, raising costs and pushing up prices globally.
🌍 Interest Rate Rise Expectation 2026-04-26
Higher inflation makes central banks more likely to raise rates to control it.
🌍 Precious Metal Price Decline 2026-04-27
Expectations of higher interest rates strengthen the dollar, making precious metals less attractive.
APR 20
🇺🇸 Military Strike 2026-04-20
🌍 Fuel Price Rise 2026-04-20
US military action against Iran disrupted oil shipping routes, reducing supply and pushing prices higher.
🌍 GDP ▼ 2026-04-20
Rising energy prices from supply disruptions threaten to slow global economic growth by increasing inflation and reducing demand.
🌍 Industrial Metal Demand Decline 2026-04-20
Fears of slower global growth could reduce manufacturing activity and demand for industrial metals.
APR 16
🕌 Conflict Escalation 2026-04-14
🌍 Energy Supply Shock 2026-04-14
War in the Middle East disrupts global energy supply chains.
🌍 INFLATION ▲ 2026-04-16
The blockade of the Strait of Hormuz has caused a major supply shock, which is lifting inflation pressures.
🌍 Interest Rate Rise Expectation 2026-04-26
Higher inflation makes central banks more likely to raise rates to control it.
🌍 Precious Metal Price Decline 2026-04-27
Expectations of higher interest rates strengthen the dollar, making precious metals less attractive.
APR 14
🇮🇷 Conflict Escalation 2026-04-14
🇨🇳 IMPORTS ▲ 2026-04-14
The war in Iran increased supply uncertainty, so China imported more resources to secure them.

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APR 10
🇨🇳 Construction Activity Decline 2026-04-10
🇨🇳 DEMAND ▼ 2026-04-10
Weakening construction activity reduces demand for steel products like rebar.
🇨🇳 Profit Margin Decline 2026-04-10
Subdued demand reduces steel sales, squeezing profit margins.
🇨🇳 Property Market Decline 2026-04-10
🇨🇳 DEMAND ▼ 2026-04-10
China's property market downturn reduces construction activity, lowering demand for steel.
🌍 Iron Ore Price Decline 2026-04-28
Demand concerns in China due to overcapacity curbs reduce iron ore demand, lowering prices.
🇨🇳 Fuel Price Control 2026-04-10
🇨🇳 INFLATION ▼ 2026-04-10
Government fuel price controls helped reduce overall consumer price inflation.
APR 9
🇺🇸 Military Strike 2026-04-06
🇮🇷 Shipping Disruption 2026-04-06
Trump's threat of strikes on Iran's infrastructure raises the risk of future supply disruptions.
🌍 INFLATION ▲ 2026-04-09
The Strait of Hormuz closure raises energy costs, which can increase prices for goods globally.
🌍 Interest Rate Rise Expectation 2026-04-26
Higher inflation makes central banks more likely to raise rates to control it.
🌍 Precious Metal Price Decline 2026-04-27
Expectations of higher interest rates strengthen the dollar, making precious metals less attractive.
APR 2
🇺🇸 Military Action Continuation 2026-04-02
🌍 INFLATION ▲ 2026-04-02
Continued US military action raises fears of prolonged energy crisis, pushing inflation higher.
🌍 Interest Rate Rise Expectation 2026-04-26
Higher inflation makes central banks more likely to raise rates to control it.
🌍 Precious Metal Price Decline 2026-04-27
Expectations of higher interest rates strengthen the dollar, making precious metals less attractive.
APR 1
🕌 Conflict Escalation 2026-04-01
🌍 INFLATION ▲ 2026-04-01
The war disrupts oil shipping routes, raising costs that could push prices higher globally.
🌍 Interest Rate Rise Expectation 2026-04-26
Higher inflation makes central banks more likely to raise rates to control it.
🌍 Precious Metal Price Decline 2026-04-27
Expectations of higher interest rates strengthen the dollar, making precious metals less attractive.
🇨🇳 Energy Price Rise 2026-04-01
🇨🇳 MANUFACTURING ▼ 2026-04-01
Higher energy costs make factory production more expensive, reducing manufacturing activity.
MAR 31
🌍 Non-Ferrous Metal Price Rise 2026-03-31
🇨🇳 INPUT COSTS ▲ 2026-03-31
Rising prices for metals and crude oil increase the cost of materials for factories.
🌍 Crude Price Rise 2026-03-31
🇨🇳 INPUT COSTS ▲ 2026-03-31
Soaring crude prices increase the cost of raw materials for Chinese factories.

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