{"id":2515,"date":"2018-05-03T12:30:35","date_gmt":"2018-05-03T11:30:35","guid":{"rendered":"https:\/\/blogg.lnu.se\/china-research\/?p=2515"},"modified":"2018-09-13T09:49:36","modified_gmt":"2018-09-13T08:49:36","slug":"stable-and-satisfactory-numbers-from-china-lnus-temperature-indicator-at-6-0","status":"publish","type":"post","link":"https:\/\/blogg.lnu.se\/china-research\/?p=2515","title":{"rendered":"\u201cStable and satisfactory numbers from China &#8211; LNU\u2019s \u201cTemperature Indicator at 6.0\u201c"},"content":{"rendered":"<p><strong><em>Summary<\/em><\/strong><\/p>\n<p>In the second half of April, Linnaeus University prepared its traditional spring survey on the business climate and economic conditions in China, both with shorter and longer time perspectives. The (independent) responding China experts \u2013 around 15 of them &#8211; come from Asia, the U.S. and Europa \u2013 thanks a lot!<\/p>\n<p><strong><em>\u201cLNU\u2019s China Panel remains cautiously confident on China \u2013 despite the obvious risks\u201d<\/em><\/strong><\/p>\n<p>\u00a4\u00a0 LNU\u2019s <strong>\u201cTemperature Indicator\u201d<\/strong> for GDP growth in China remained stable at 6.0 in April compared to 6.1 in December 2017 (10 means \u201cvery hot\u201d on the scale) &#8211; still satisfactory despite the small decrease.<\/p>\n<p>\u00a4\u00a0 The panel expects Chinese<strong> GDP<\/strong> <strong>growth<\/strong> to come in at 6.5 percent in 2018 as a whole &#8211; 0.3 higher than predicted last December and at &#8211; somewhat slower \u2013 6,2 percent in q4 2018. For 2019, our forecasters see Chinese GDP grow with 6.2 percent as well. This latter number \u2013 if achieved in reality &#8211; would certainly be acceptable inside and outside China.<\/p>\n<p>\u00a4 \u00a0\u00a0More than half of the forecasters (54 percent) see rather a <strong>downward bias<\/strong> in their own GDP prediction than an upward bias \u2013 and around one third no bias at all.<\/p>\n<p>\u00a4\u00a0 There are divided views on the course of the currency RMB in 2018 but most experts expect a <strong>slight depreciation<\/strong> (1-5 percent) of the RMB against the\u00a0 U.S. dollar in 2018.<\/p>\n<p>\u00a4\u00a0\u00a0 <strong>GDP growth<\/strong> <strong>on average<\/strong> <strong>until 2023<\/strong> is seen at 5.6 percent.<\/p>\n<p><a href=\"https:\/\/blogg.lnu.se\/china-research\/files\/2018\/05\/GDP.png\"><img decoding=\"async\" class=\"alignleft wp-image-2516 size-medium\" src=\"https:\/\/blogg.lnu.se\/china-research\/files\/2018\/05\/GDP-300x64.png\" alt=\"\" width=\"600\" \/><\/a><\/p>\n<p>Read the full article here, <a href=\"https:\/\/blogg.lnu.se\/china-research\/files\/2018\/05\/ChinaPanelSurvey-May-2018.pdf\" target=\"_blank\" rel=\"noopener\">ChinaPanelSurvey May 2018<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/image.lnu.se\/image.ashx?id=117818&amp;w=110\" alt=\"\" width=\"110\" height=\"136\" \/><\/p>\n<p><strong><em>Hubert Fromlet<\/em><\/strong><em><br \/>\n<\/em>Affiliate Professor at the School of Business and Economics, Linnaeus University<br \/>\n<a href=\"..\/editorial-board\/\">Editorial board<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/blogg.lnu.se\/china-research\">Back to Start Page<\/a><em><br \/>\n<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Summary In the second half of April, Linnaeus University prepared its traditional spring survey on the business climate and economic conditions in China, both with shorter and longer time perspectives. The (independent) responding China experts \u2013 around 15 of them &#8211; come from Asia, the U.S. and Europa \u2013 thanks a lot! \u201cLNU\u2019s China Panel [&hellip;]<\/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-2515","post","type-post","status-publish","format-standard","hentry","category-china-2","category-china-panel-survey"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>\u201cStable and satisfactory numbers from China - LNU\u2019s \u201cTemperature Indicator at 6.0\u201c - 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=2515\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"\u201cStable and satisfactory numbers from China - LNU\u2019s \u201cTemperature Indicator at 6.0\u201c - China Research\" \/>\r\n<meta property=\"og:description\" content=\"Summary In the second half of April, Linnaeus University prepared its traditional spring survey on the business climate and economic conditions in China, both with shorter and longer time perspectives. The (independent) responding China experts \u2013 around 15 of them &#8211; come from Asia, the U.S. and Europa \u2013 thanks a lot! \u201cLNU\u2019s China Panel [&hellip;]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/blogg.lnu.se\/china-research\/?p=2515\" \/>\r\n<meta property=\"og:site_name\" content=\"China Research\" \/>\r\n<meta property=\"article:published_time\" content=\"2018-05-03T11:30:35+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2018-09-13T08:49:36+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/blogg.lnu.se\/china-research\/files\/2018\/05\/GDP-300x64.png\" \/>\r\n<meta name=\"author\" content=\"Hubert Fromlet, Kalmar\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hubert Fromlet, Kalmar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blogg.lnu.se\/china-research\/?p=2515\",\"url\":\"https:\/\/blogg.lnu.se\/china-research\/?p=2515\",\"name\":\"\u201cStable and satisfactory numbers from China - LNU\u2019s \u201cTemperature Indicator at 6.0\u201c - China Research\",\"isPartOf\":{\"@id\":\"https:\/\/blogg.lnu.se\/china-research\/#website\"},\"datePublished\":\"2018-05-03T11:30:35+00:00\",\"dateModified\":\"2018-09-13T08:49:36+00:00\",\"author\":{\"@id\":\"https:\/\/blogg.lnu.se\/china-research\/#\/schema\/person\/7dbc3e79d44dfa0d6bb4e1f625ad2ae5\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blogg.lnu.se\/china-research\/?p=2515\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blogg.lnu.se\/china-research\/#website\",\"url\":\"https:\/\/blogg.lnu.se\/china-research\/\",\"name\":\"China Research\",\"description\":\"A discussion forum on emerging markets, mainly China  \u2013                                          from a macro, micro, institutional and corporate angle.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blogg.lnu.se\/china-research\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/blogg.lnu.se\/china-research\/#\/schema\/person\/7dbc3e79d44dfa0d6bb4e1f625ad2ae5\",\"name\":\"Hubert Fromlet, Kalmar\",\"url\":\"https:\/\/blogg.lnu.se\/china-research\/?author=174\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\u201cStable and satisfactory numbers from China - LNU\u2019s \u201cTemperature Indicator at 6.0\u201c - China Research","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blogg.lnu.se\/china-research\/?p=2515","og_locale":"en_US","og_type":"article","og_title":"\u201cStable and satisfactory numbers from China - LNU\u2019s \u201cTemperature Indicator at 6.0\u201c - China Research","og_description":"Summary In the second half of April, Linnaeus University prepared its traditional spring survey on the business climate and economic conditions in China, both with shorter and longer time perspectives. 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