The western Guangdong Province (WGDP) in China, influenced by both the East Asian and the Indian summer monsoon, is a pivotal region for exploring the Asian summer monsoon (ASM) evolution. So far, there still lacks detail studies on late Holocene climatic/environmental changes here. In this study, multiple magnetic parameters were measured on the lake sediments of Hedong section in this area. Results indicated a dominance of pseudo-single-domain detrital (titano-)magnetite or maghemite mixed with paramagnetic and anti-ferromagnetic minerals in sediments, and the impacts of authigenic greigite, bacterial activity, post-depositional dissolution, and dilution effects were trivial. Changes in rainfall-induced surface erosion intensity were determined as a role in sediment magnetic properties. Intensified surface erosion deduced by increased rainfall favored enhanced concentrations and more coarse-grained magnetic minerals in sediments, and vice versa. Thus, the magnetic parameters can be used to reflect varying ASM strength in the past ~4300 years. They revealed four relatively humid (strengthened ASM) (i.e., 4300–4000 cal. yr BP, 3500–3130 cal. yr BP, 2640–1950 cal. yr BP, and 1250–850 cal. yr BP), and three dry periods (weakened ASM) (i.e., 4000–3500 cal. yr BP, 3130–2640 cal. yr BP, and 1950–1250 cal. yr BP) which coincided with the Bond events 3, 2, and 1 respectively. In combination with the three significant cycles (i.e., 1250-, 75-, and 65-year) revealed by spectral analysis on SIRM record, we inferred both the external forcing (e.g., solar activity) and internal hemispheric-scale atmospheric processes (e.g., ENSO, North Atlantic Oscillation) have played an integral role in late Holocene climate changes in the study region.