Since 2014
Macroeconomic Analysis of Q2: The Slowdown Makes Space for Future Growth
Quarterly Economic Brief
View Archive Info| Field | Value | |
| Title |
Macroeconomic Analysis of Q2: The Slowdown Makes Space for Future Growth
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| Creator |
Shuguang, Zhang
Chi, Zhang |
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| Description |
In the first half of this year, China’s GDP grew 7.6% (7.5% in the second quarter), industrial value added rose 9.3% and the CPI climbed 2.4% (2.7% in June), continuing the steady growth at a slightly decelerated pace. This is positive, because it has made space for the economic slowdown and restructuring. While liquidity was generally sufficient, China experienced a ‘money shortage’ as a result of the maturity mismatch and idling of bank assets and liabilities. The central bank aptly refused to ‘ease’ monetary policy, which was conducive to securing long-term financial stability and economic growth at the expense of short-term market fluctuations.
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| Publisher |
Asia Research Centre, CBS
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| Date |
2013-10-02
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion |
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| Format |
application/pdf
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| Identifier |
http://ej.lib.cbs.dk/index.php/qeb/article/view/4141
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| Source |
Quarterly Economic Brief; No 3 (2013)
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| Language |
eng
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| Relation |
http://ej.lib.cbs.dk/index.php/qeb/article/view/4141/4551
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