BOFIT Forecast for China 2020–2022 / 1

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dc.contributor Bank of Finland
dc.date.accessioned 2020-03-20T08:39:16Z
dc.date.available 2020-03-20T08:39:16Z
dc.date.issued 2020
dc.identifier.uri https://helda.helsinki.fi/bof/handle/123456789/16981
dc.description Published also in Finnish by the name BOFIT Kiina-ennuste
dc.description.abstract China’s economic growth was already slowing before the outbreak of the coronavirus epidemic in the latter half of January. The epidemic and strict measures imposed by the government to rein in the accelerating infection rate brought China’s economy to a standstill. While we are now witnessing a recovery of the economy that is supported by stimulus measures, it is clear that some lost production will never be made up. Accordingly, our forecasts have been revised downwards. We now estimate that China’s real GDP will turn negative this year, but as the situation normalizes, growth is likely to be impressive next year before falling back to the earlier trend. Downside risks have dramatically increased due to the unpredictable fallout from the coronavirus pandemic.
dc.format.extent 5
dc.language.iso ENG
dc.rights https://helda.helsinki.fi/bof/copyright
dc.subject Bofit-kokoelma
dc.subject Kiina
dc.subject China
dc.subject ennusteet
dc.subject taloudelliset katsaukset
dc.subject talouskasvu
dc.subject.other China
dc.subject.other forecast
dc.subject.other economic development
dc.title BOFIT Forecast for China 2020–2022 / 1
dc.type Paper
dc.identifier.urn URN:NBN:fi:bof-202003202041
dc.series.name BOFIT Forecast for China
dc.series.year 2020
dc.series.number 1/2020
dc.date.publication 20.3.2020
dc.subject.yso taloudelliset ennusteet
dc.subject.yso taloudellinen kehitys
dc.contributor.orgunit Institute for Economies in Transition (BOFIT)

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