EURACTIV PR

An easy way of publishing your relevant EU press releases.

ZEW: China Economic Panel - Slump in Expectations for Chinese Economy

Date

07 Sep 2016

Sections

Euro & Finance

Slump in Expectations for Chinese Economy

The latest survey carried out in August (17/08/2016 – 31/08/2016) indicates
that expectations for the Chinese economy have worsened. The CEP
Indicator, which reflects the expectations of international financial
market experts regarding China’s macroeconomic development over the coming
twelve months, has fallen by 8.5 points to a current negative reading of
minus 1.9 points. The CEP Indicator therefore currently lies significantly
below the long-term average of 5.8 points, seen in the period from mid 2013
to August 2016.

Expectations for the annual rate of growth of the Chinese gross domestic
product (GDP) have also been revised downwards. Growth of 6.5 per cent is
now expected for 2016 (previously: 6.6 per cent) and in 2017, experts now
expect to see growth of 6.3 per cent (previously: 6.5 per cent).

There currently seems to be little worry of inflation in China. In
comparison to the still very high rate of growth, inflation expectations
for 2017 remain rather low at 2.2 per cent. Expectations are indeed lower
than in the previous month. Together with decreasing expectations for the
rate of change of the money supply M2, this might imply further falls in
the expected rate of growth.

For more information please contact:
Dr. Michael Schröder, Phone +49(0)621/1235-368, E-mail: schroeder@zew.de

Jobs

ECPC - European Cancer Patient Coalition
Office and Administration Manager – full time
Hanns-Seidel-Stiftung e.V, Europa-Büro Brüssel
Prak­ti­kant (m/​w/​d)
Foundation For Global Governance and Sustainability (FOGGS)
Global Governance / Sustainability Advisor (incl. resilience, climate, energy, the economy)
European Union of Medical Specialists (UEMS)
EACCME Administrative Officer
Science|Business
Project Assistant / Intern
Euclid Network
Head of EU Partnerships
European Aluminium
EU Public Affairs Manager
Délégation générale du Québec à Bruxelles
Assistant(e) aux affaires européennes et multilatérales
Zero Waste Europe
Head of Policy