BOFIT Forecast for China 2020–2022 / 2

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dc.contributor Bank of Finland 2020-09-17T08:00:39Z 2020-09-17T08:00:39Z 2020
dc.description Published also in Finnish by the name BOFIT Kiina-ennuste
dc.description.abstract China’s economy has bounced back from lockdown in the first months of this year, as the country was able to lift restrictions to prevent the spread of the coronavirus, implement stimulus measures and demand for pandemic-related products boosted industrial output. We expect China’s GDP to grow slightly this year. While the rate of recovery has levelled off, the 2021 growth figure will be impressive given the weak comparison number for this year. The recovery of the economy has been uneven, with many existing structural problems made worse. The largest risks of the forecast are associated with a new broad-based wave of coronavirus infections and financial sector problems from a reacceleration in indebtedness while firms in many branches are finding it harder to service debt. Uncertainty is heightened by deteriorating foreign relations, especially with the United States.
dc.format.extent 5
dc.language.iso ENG
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 / 2
dc.type Paper
dc.identifier.urn URN:NBN:fi:bof-202009172350 BOFIT Forecast for China
dc.series.number 2/2020 17.9.2020
dc.subject.yso taloudelliset ennusteet
dc.subject.yso taloudellinen kehitys
dc.contributor.orgunit Institute for Economies in Transition (BOFIT)

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