China Economic Update, June 2015

Chinas economic growth continues to moderate, in 2014 gross domestic product (GDP) expanded by 7.4 percent, within the governments indicative growth target of about 7.5 percent for the year, but sharply slower than the 10 percent annual growth rate china averaged for three consecutive decades. An orderly correction in real estate - reflecting policy efforts to reduce supply mismatches and tighten nonbank credit - continues to weigh on economic activity. Ongoing adjustments in real estate, a buildup of excess capacity, and decelerating export growth are affecting industrial activity. In contrast growth in services remained robust as composition of growth continues to improve.

Bibliographic Details

Main Authors:	Smits, Karlis, Goh, Chorching, Zhao, Luan, Vashakmadze, Ekaterine, Hill, Justin, Kuriakose, Smita, Freije-Rodriguez, Samuel
Format:	Report biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2015-07-03
Subjects:	DOMESTIC BOND, CONTINGENT LIABILITIES, MONETARY POLICY, HOLDING, DURABLE GOODS, CROSS-BORDER FLOWS, EQUIPMENT, REAL ESTATE INVESTMENT, CHECKS, DEPOSITS, DEMAND FOR CREDIT, MARKET MECHANISMS, REAL INTEREST RATES, DEED, VALUATION, DEBTORS, INTEREST, OPTION, ECONOMIC DEVELOPMENTS, DEBT MANAGEMENT, DOMESTIC MARKET, DEVELOPING COUNTRIES, TOTAL DEBT, REVENUES, PORTFOLIO, FISCAL POLICY, LOAN, BUDGET CONSTRAINTS, BORROWERS, LOAN RATES, MARKET ACCESS, RURAL BANKS, INSTRUMENTS, BOND AUCTIONS, INTEREST EXPENDITURES, SMALL BUSINESS, ALLOCATION OF CREDIT, LABOR MARKET, CAPITAL OUTFLOW, OIL PRICES, ALLOCATION OF CAPITAL, MARKET REFORMS, CURRENCY, FINANCIAL INSTITUTION, MARKET DEVELOPMENT, EXPORT GROWTH, LOAN RATE, HOME FINANCING, INCOME GROWTH, DEBTS, CAPITAL FORMATION, EXCHANGE RATES, BOND ISSUANCE, FINANCIAL INSTITUTIONS, DEBT, CAPITAL MARKET, MARKETS, LOCAL GOVERNMENT, PUBLIC FINANCE, DEPOSIT INSURANCE, DEMAND-SIDE FACTORS, BUDGET DEFICIT, INVENTORY, BANKING SECTOR, BAILOUT, FISCAL DEFICIT, FOREIGN CURRENCY EXPOSURE, TRANSACTIONS, IPO, AUCTIONS, GENERAL OBLIGATION BONDS, SAVINGS RATES, HUMAN CAPITAL, FEDERAL RESERVE, INTEREST PAYMENTS, DEBT-SERVICE, DOMESTIC LIQUIDITY, FUTURE, LOCAL DEBT, FOREIGN DIRECT INVESTMENT, INVESTMENT PROJECTS, PRICE CHANGES, ISSUANCE, LIQUIDITY MANAGEMENT, MARKET DISCIPLINE, TAX RATES, SHARES, GRACE PERIOD, NET DEBT, SECURITIES, TREASURY, INSURANCE, CURRENCIES, GOVERNMENT DEBT, GOVERNMENT BONDS, CAPITAL MARKET DEVELOPMENT, MUNICIPAL INVESTMENTS, REGISTRATION SYSTEM, DOMESTIC BOND MARKET, COMMERCIAL BANKS, DEBT MANAGEMENT GUIDELINES, TREASURY BONDS, FINANCIAL RISKS, INVESTMENT ACTIVITY, TREASURY YIELDS, COUPON, INTEREST RATE DIFFERENTIAL, INDEBTED HOUSEHOLDS, FINANCIAL SUPPORT, CONSUMER PRICE INDEX, LENDING, PUBLIC SECTOR DEBT, DEBT SWAP, MATURITIES, BANKING LAW, EXCESS SUPPLY, LABOR MARKETS, COMMODITY PRICES, LIABILITIES, CAPITAL ACCOUNT, DEVELOPMENT BANK, INVESTING, HOUSEHOLD INCOMES, DEFICIT, DEPOSIT, CAPITAL MARKETS, BASIS POINTS, GOVERNMENT EXPENDITURES, BROAD MONEY, INTEREST RATE SPREAD, STOCK, REPO, ASSET PRICES, GUARANTEES, FINANCIAL DISTRESS, PENSION SYSTEMS, INTEREST RATE, PROPERTY RIGHTS, EXCHANGE, STOCK MARKET, BALANCE OF PAYMENTS, BANKING SYSTEM, LOCAL GOVERNMENTS, CONSUMER GOODS, LIQUIDITY, REAL INTEREST, CDS, MORTGAGE, OUTSTANDING CREDIT, BONDS, TAX, INCOME TAX, BOND YIELDS, RESERVE, CREDITORS, INFLATION, PENSION, BUDGET, CENTRAL BANK, MATURITY, TRADE BALANCE, INITIAL DEBT, TELECOMMUNICATIONS, CURRENT ACCOUNT SURPLUS, CAPITAL BASES, PRIVATE BANKS, TRADING, INTEREST RATES, CAPITAL OUTFLOWS, PRIVATE INVESTMENT, HOUSEHOLD INCOME, PENSION REFORM, RETURN, LENDERS, FIXED ASSET, DIRECT INVESTMENT, LOANS, RESERVES, INVENTORIES, PRIVATE CAPITAL, COUPON RATES, PORTFOLIO INVESTMENTS, GOVERNMENT FINANCING, GROSS DOMESTIC PRODUCT, RULE OF LAW, FINANCIAL SYSTEM, RETURN ON ASSETS, FINANCE, FOREIGN CURRENCY, PUBLIC INVESTMENT, TAXES, CERTIFICATES OF DEPOSITS, EXPENDITURE, INFRASTRUCTURE INVESTMENT, EQUITY, CREDIT EXPANSION, INVESTORS, FOREIGN EXCHANGE RESERVES, FORMAL LOANS, FINANCIAL CRISIS, FINANCIAL INSTRUMENTS, BOND MARKET, CONTRACT, REPAYMENT, EXPENDITURES, ECONOMIC EFFICIENCY, CAPITAL FLOWS, PROPERTY, PROPERTIES, FOREIGN BANKS, BALANCE SHEET, MARKET, FOREIGN EXCHANGE, CORPORATE DEBT, GOODS, CORPORATE BONDS, SECURITY, BANK LOANS, DURABLE, STOCKS, INVESTMENT, OUTSTANDING DEBT, BOND, SHARE, INVESTMENT CLIMATE, BOND SWAP, BALANCE SHEETS, COLLATERAL, POVERTY, INTEREST COSTS, CAPITAL INFLOWS, REVENUE, EXTERNAL DEBT, PROFIT, INVESTMENTS, INFORMAL LENDERS, CHECK, INTELLECTUAL PROPERTY, CREDIT GROWTH, EXCHANGE RATE, SECURITIES LAW, SMALL BUSINESSES, SWAP, NONPERFORMING LOANS,
Online Access:	http://documents.worldbank.org/curated/en/2015/07/24753523/china-economic-update https://hdl.handle.net/10986/22122
Tags:	Add Tag No Tags, Be the first to tag this record!