{"id":490,"date":"2014-04-24T10:13:41","date_gmt":"2014-04-24T09:13:41","guid":{"rendered":"http:\/\/blogg.lnu.se\/fromlet-bbsresearch\/?p=490"},"modified":"2014-04-24T10:13:41","modified_gmt":"2014-04-24T09:13:41","slug":"our-temperature-indicator-for-china-falls-to-5-3-the-third-lowest-number-ever","status":"publish","type":"post","link":"https:\/\/blogg.lnu.se\/fromlet-bbsresearch\/?p=490","title":{"rendered":"Our \u201ctemperature indicator\u201d for China falls to 5.3 &#8211; the third lowest number ever"},"content":{"rendered":"<p><em>Summary<\/em><\/p>\n<p>Between April 12 and April 22, we made our regular spring survey on the business cycle outlook and current structural conditions in China. Roughly 20 China experts participated, coming from Europe, North America and Asia. Cordial thanks from us at Linnaeus University to all the China experts who regularly come back to us with their thoughtful answers. This spring, the survey \u201ccelebrates\u201d it tenth anniversary.<\/p>\n<ul>\n<li>Our so-called \u201ctemperature indicator\u201d for the Chinese economy fell slightly to 5.3 in April from 6.2 in December 2013 (10 = extremely overheated). This is the third lowest number since we started the survey exactly ten years ago. China\u2019s GDP-growth deceleration becomes obvious also in our own survey and concluding analysis.<\/li>\n<\/ul>\n<ul>\n<li>The panel\u2019s GDP-growth projections (average):<br \/>\n2014: 7.3\u00a0\u00a0 2014 q4: 7.3\u00a0\u00a0 2015: 7.2\u00a0\u00a0 2015 q4: 7.1<\/li>\n<\/ul>\n<ul>\n<li>72 % expect the RMB to appreciate by 1-5 percent during July 2014-June 2015.<\/li>\n<\/ul>\n<ul>\n<li>82 % think that there still is a dangerous price bubble on the Chinese real estate market.<\/li>\n<\/ul>\n<ul>\n<li>Confidence in the Chinese economy has weakened somewhat, both in the short and the longer run.<\/li>\n<\/ul>\n<ul>\n<li>Some institutional aspects (gradings 1-10; 10=very good)<br \/>\n&#8211; trust in Chinese economic statistics: 4.9 &#8211; trust in corporate accounting: 3.8<br \/>\n&#8211; transparency of financial markets: 3.3\u00a0 -&gt; all in all: relatively poor institutional results.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/ekonomihogskolan.lnu.se\/chinaresearch\/GDP_2014_1.gif\" target=\"_self\" title=\"Click to maximize\"><img decoding=\"async\" class=\"alignnone\" src=\"http:\/\/ekonomihogskolan.lnu.se\/chinaresearch\/GDP_2014_1.gif\" alt=\"Click to maximize\" width=\"470\" \/><\/a><\/p>\n<p><a href=\"http:\/\/ekonomihogskolan.lnu.se\/chinaresearch\/China_Panel_Survey_April_2014.pdf\" target=\"_blank\">Read the full article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Summary Between April 12 and April 22, we made our regular spring survey on the business cycle outlook and current structural conditions in China. Roughly 20 China experts participated, coming from Europe, North America and Asia. Cordial thanks from us at Linnaeus University to all the China experts who regularly come back to us with [&hellip;]<\/p>\n","protected":false},"author":349,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93],"tags":[],"class_list":["post-490","post","type-post","status-publish","format-standard","hentry","category-blogg"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Our \u201ctemperature indicator\u201d for China falls to 5.3 - the third lowest number ever - Baltic Business 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\/fromlet-bbsresearch\/?p=490\" \/>\r\n<meta property=\"og:locale\" content=\"sv_SE\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Our \u201ctemperature indicator\u201d for China falls to 5.3 - the third lowest number ever - Baltic Business Research\" \/>\r\n<meta property=\"og:description\" content=\"Summary Between April 12 and April 22, we made our regular spring survey on the business cycle outlook and current structural conditions in China. Roughly 20 China experts participated, coming from Europe, North America and Asia. Cordial thanks from us at Linnaeus University to all the China experts who regularly come back to us with [&hellip;]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/blogg.lnu.se\/fromlet-bbsresearch\/?p=490\" \/>\r\n<meta property=\"og:site_name\" content=\"Baltic Business Research\" \/>\r\n<meta property=\"article:published_time\" content=\"2014-04-24T09:13:41+00:00\" \/>\r\n<meta property=\"og:image\" content=\"http:\/\/ekonomihogskolan.lnu.se\/chinaresearch\/GDP_2014_1.gif\" \/>\r\n<meta name=\"author\" content=\"Hubert Fromlet, Ekonomih\u00f6gskolan\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Skriven av\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hubert Fromlet, Ekonomih\u00f6gskolan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Ber\u00e4knad l\u00e4stid\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minut\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blogg.lnu.se\/fromlet-bbsresearch\/?p=490\",\"url\":\"https:\/\/blogg.lnu.se\/fromlet-bbsresearch\/?p=490\",\"name\":\"Our \u201ctemperature indicator\u201d for China falls to 5.3 - the third lowest number ever - Baltic Business Research\",\"isPartOf\":{\"@id\":\"https:\/\/blogg.lnu.se\/fromlet-bbsresearch\/#website\"},\"datePublished\":\"2014-04-24T09:13:41+00:00\",\"dateModified\":\"2014-04-24T09:13:41+00:00\",\"author\":{\"@id\":\"https:\/\/blogg.lnu.se\/fromlet-bbsresearch\/#\/schema\/person\/5948a05cb7150bb7d1601c23b9347cfb\"},\"inLanguage\":\"sv-SE\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blogg.lnu.se\/fromlet-bbsresearch\/?p=490\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blogg.lnu.se\/fromlet-bbsresearch\/#website\",\"url\":\"https:\/\/blogg.lnu.se\/fromlet-bbsresearch\/\",\"name\":\"Baltic Business Research\",\"description\":\"Hubert Fromlet diskuterar den svenska och internationella ekonomin\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blogg.lnu.se\/fromlet-bbsresearch\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"sv-SE\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/blogg.lnu.se\/fromlet-bbsresearch\/#\/schema\/person\/5948a05cb7150bb7d1601c23b9347cfb\",\"name\":\"Hubert Fromlet, Ekonomih\u00f6gskolan\",\"url\":\"https:\/\/blogg.lnu.se\/fromlet-bbsresearch\/?author=349\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Our \u201ctemperature indicator\u201d for China falls to 5.3 - the third lowest number ever - Baltic Business 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\/fromlet-bbsresearch\/?p=490","og_locale":"sv_SE","og_type":"article","og_title":"Our \u201ctemperature indicator\u201d for China falls to 5.3 - the third lowest number ever - Baltic Business Research","og_description":"Summary Between April 12 and April 22, we made our regular spring survey on the business cycle outlook and current structural conditions in China. 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