{"id":2344,"date":"2017-05-11T10:14:14","date_gmt":"2017-05-11T09:14:14","guid":{"rendered":"http:\/\/blogg.lnu.se\/china-research\/?p=2344"},"modified":"2018-09-13T09:52:15","modified_gmt":"2018-09-13T08:52:15","slug":"growth-temperature-rises-in-the-chinese-economy-to-6-4-in-april-up-from-last-december","status":"publish","type":"post","link":"https:\/\/blogg.lnu.se\/china-research\/?p=2344","title":{"rendered":"Growth temperature rises in the Chinese economy to 6.4 in April – up from last December"},"content":{"rendered":"

Summary<\/em><\/strong><\/p>\n

From the end of April until the beginning of May, we prepared our traditional spring survey on the business climate and economic conditions in China. We try to find out more about the Chinese business cycle and some important structural issues.\u00a0 We received again answers from around 15 independent China experts from Asia, the U.S. and Europe \u2013 thanks!<\/p>\n

\u00a4\u00a0 \u00a0Our so-called Temperature Indicator for the Chinese economy improved to 6.4 in April\/May compared to 5.2 in December last year (on a scale 1-10; 10=very hot).<\/p>\n

\u00a4\u00a0\u00a0 The panel expects GDP growth in 2017 and 2018 to remain quite stable compared to 6.7 in 2016 (2017: 6.5 %, 2017q4: 6.3 %, 2018:6.0 % – based on official statistics).<\/p>\n

\u00a4\u00a0\u00a0 The panel\u2019s GDP forecast on China for 2017 and 2018 includes the assumption of an ongoing gradual but relatively modest upswing in the OECD area as a whole.<\/p>\n

\u00a4\u00a0\u00a0 75 % of the panelists have rather a downward bias in their forecasts than vice versa.<\/p>\n

\u00a4\u00a0\u00a0 There are almost no appreciation expectations anymore for the Chinese currency RMB.<\/p>\n

\u00a4\u00a0\u00a0 90 % of the panelists still see a bubble on the real estate market.<\/p>\n

\u00a4\u00a0\u00a0 Ranking of some structural areas in China (scale 1-10, 10 = very good): statistics 3.9, institutions 5.3,\u00a0 marketization of a) banks 4.1, b) stock markets 4.0, c) bond markets 4.4.<\/p>\n

\"\"<\/a><\/p>\n

Click the image above to enlarge<\/em><\/p>\n

Download\/Read the full article here<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

\"\"<\/p>\n

Hubert Fromlet<\/em><\/strong>
\n<\/em>Affiliate Professor at the School of Business and Economics, Linnaeus University
\nEditorial board<\/a><\/p>\n

 <\/p>\n

Back to Start Page<\/a>
\n<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Summary From the end of April until the beginning of May, we prepared our traditional spring survey on the business climate and economic conditions in China. We try to find out more about the Chinese business cycle and some important structural issues.\u00a0 We received again answers from around 15 independent China experts from Asia, the […]<\/p>\n","protected":false},"author":174,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13398,18949],"tags":[],"class_list":["post-2344","post","type-post","status-publish","format-standard","hentry","category-china-2","category-china-panel-survey"],"acf":[],"yoast_head":"\r\nGrowth temperature rises in the Chinese economy to 6.4 in April - up from last December - China Research<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/blogg.lnu.se\/china-research\/?p=2344\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Growth temperature rises in the Chinese economy to 6.4 in April - up from last December - China Research\" \/>\r\n<meta property=\"og:description\" content=\"Summary From the end of April until the beginning of May, we prepared our traditional spring survey on the business climate and economic conditions in China. 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