China: Our (GDP-) Growth Temperature Indicator Falls to 4.3 – the Second Lowest Number Ever
Postat den 7th maj, 2015, 08:54 av Hubert Fromlet, Ekonomihögskolan
In the second half of April, Linnaeus University conducted again its biannual survey on China’s economic outlook for roughly two years ahead. Roughly 15 China experts answered this time, China experts working in Europe, the U.S. and Asia.
Second lowest number for our Growth Temperature Indicator ever – spring 2015
Our Growth Temparature Indicator confirms again the ongoing slowdown in the Chinese economy. 4.3 is the second lowest number ever since we started this analysis in fall 2004 – and reflects the third decreasing number in a row. In my view, it seems to be an open question whether Chinese GDP growth still is at around 7 percent – as it is signaled by official statistics – or in reality even (somewhat) lower. Unfortunately, there is still reason to mistrust Chinese growth statistics even if qualitative improvements should have taken place in the past few years.
Det här inlägget postades den maj 7th, 2015, 08:54 och fylls under Inlägg