China Economic Update, June 2015

Chinas economic growth continues to moderate, in 2014 gross domestic product (GDP) expanded by 7.4 percent, within the governments indicative growth target of about 7.5 percent for the year, but sharply slower than the 10 percent annual growth rate...

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Bibliographic Details
Main Authors: Smits, Karlis, Goh, Chorching, Zhao, Luan, Vashakmadze, Ekaterine, Hill, Justin, Kuriakose, Smita, Freije-Rodriguez, Samuel
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
IPO
CDS
TAX
Online Access:http://documents.worldbank.org/curated/en/2015/07/24753523/china-economic-update
http://hdl.handle.net/10986/22122
id okr-10986-22122
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic DOMESTIC BOND
CONTINGENT LIABILITIES
MONETARY POLICY
HOLDING
DURABLE GOODS
CROSS-BORDER FLOWS
EQUIPMENT
REAL ESTATE INVESTMENT
CHECKS
DEPOSITS
DEMAND FOR CREDIT
MARKET MECHANISMS
REAL INTEREST RATES
DEED
VALUATION
DEBTORS
INTEREST
OPTION
ECONOMIC DEVELOPMENTS
DEBT MANAGEMENT
DOMESTIC MARKET
DEVELOPING COUNTRIES
TOTAL DEBT
REVENUES
PORTFOLIO
FISCAL POLICY
LOAN
BUDGET CONSTRAINTS
BORROWERS
LOAN RATES
MARKET ACCESS
RURAL BANKS
INSTRUMENTS
BOND AUCTIONS
INTEREST EXPENDITURES
SMALL BUSINESS
ALLOCATION OF CREDIT
LABOR MARKET
CAPITAL OUTFLOW
OIL PRICES
ALLOCATION OF CAPITAL
MARKET REFORMS
CURRENCY
FINANCIAL INSTITUTION
MARKET DEVELOPMENT
EXPORT GROWTH
LOAN RATE
HOME FINANCING
INCOME GROWTH
DEBTS
CAPITAL FORMATION
EXCHANGE RATES
BOND ISSUANCE
FINANCIAL INSTITUTIONS
DEBT
CAPITAL MARKET
MARKETS
LOCAL GOVERNMENT
PUBLIC FINANCE
DEPOSIT INSURANCE
DEMAND-SIDE FACTORS
BUDGET DEFICIT
INVENTORY
BANKING SECTOR
BAILOUT
FISCAL DEFICIT
FOREIGN CURRENCY EXPOSURE
TRANSACTIONS
IPO
AUCTIONS
GENERAL OBLIGATION BONDS
SAVINGS RATES
HUMAN CAPITAL
FEDERAL RESERVE
INTEREST PAYMENTS
DEBT-SERVICE
DOMESTIC LIQUIDITY
FUTURE
LOCAL DEBT
FOREIGN DIRECT INVESTMENT
INVESTMENT PROJECTS
PRICE CHANGES
ISSUANCE
LIQUIDITY MANAGEMENT
MARKET DISCIPLINE
TAX RATES
SHARES
GRACE PERIOD
NET DEBT
SECURITIES
TREASURY
INSURANCE
CURRENCIES
GOVERNMENT DEBT
GOVERNMENT BONDS
CAPITAL MARKET DEVELOPMENT
MUNICIPAL INVESTMENTS
REGISTRATION SYSTEM
DOMESTIC BOND MARKET
COMMERCIAL BANKS
DEBT MANAGEMENT GUIDELINES
TREASURY BONDS
FINANCIAL RISKS
INVESTMENT ACTIVITY
TREASURY YIELDS
COUPON
INTEREST RATE DIFFERENTIAL
INDEBTED HOUSEHOLDS
FINANCIAL SUPPORT
CONSUMER PRICE INDEX
LENDING
PUBLIC SECTOR DEBT
DEBT SWAP
MATURITIES
BANKING LAW
EXCESS SUPPLY
LABOR MARKETS
COMMODITY PRICES
LIABILITIES
CAPITAL ACCOUNT
DEVELOPMENT BANK
INVESTING
HOUSEHOLD INCOMES
DEFICIT
DEPOSIT
CAPITAL MARKETS
BASIS POINTS
GOVERNMENT EXPENDITURES
BROAD MONEY
INTEREST RATE SPREAD
STOCK
REPO
ASSET PRICES
GUARANTEES
FINANCIAL DISTRESS
PENSION SYSTEMS
INTEREST RATE
PROPERTY RIGHTS
EXCHANGE
STOCK MARKET
BALANCE OF PAYMENTS
BANKING SYSTEM
LOCAL GOVERNMENTS
CONSUMER GOODS
LIQUIDITY
REAL INTEREST
CDS
MORTGAGE
OUTSTANDING CREDIT
BONDS
TAX
INCOME TAX
BOND YIELDS
RESERVE
CREDITORS
INFLATION
PENSION
BUDGET
CENTRAL BANK
MATURITY
TRADE BALANCE
INITIAL DEBT
TELECOMMUNICATIONS
CURRENT ACCOUNT SURPLUS
CAPITAL BASES
PRIVATE BANKS
TRADING
INTEREST RATES
CAPITAL OUTFLOWS
PRIVATE INVESTMENT
HOUSEHOLD INCOME
PENSION REFORM
RETURN
LENDERS
FIXED ASSET
DIRECT INVESTMENT
LOANS
RESERVES
INVENTORIES
PRIVATE CAPITAL
COUPON RATES
PORTFOLIO INVESTMENTS
GOVERNMENT FINANCING
GROSS DOMESTIC PRODUCT
RULE OF LAW
FINANCIAL SYSTEM
RETURN ON ASSETS
FINANCE
FOREIGN CURRENCY
PUBLIC INVESTMENT
TAXES
CERTIFICATES OF DEPOSITS
EXPENDITURE
INFRASTRUCTURE INVESTMENT
EQUITY
CREDIT EXPANSION
INVESTORS
FOREIGN EXCHANGE RESERVES
FORMAL LOANS
FINANCIAL CRISIS
FINANCIAL INSTRUMENTS
BOND MARKET
CONTRACT
REPAYMENT
EXPENDITURES
ECONOMIC EFFICIENCY
CAPITAL FLOWS
PROPERTY
PROPERTIES
FOREIGN BANKS
BALANCE SHEET
MARKET
FOREIGN EXCHANGE
CORPORATE DEBT
GOODS
CORPORATE BONDS
SECURITY
BANK LOANS
DURABLE
STOCKS
INVESTMENT
OUTSTANDING DEBT
BOND
SHARE
INVESTMENT CLIMATE
BOND SWAP
BALANCE SHEETS
COLLATERAL
POVERTY
INTEREST COSTS
CAPITAL INFLOWS
REVENUE
EXTERNAL DEBT
PROFIT
INVESTMENTS
INFORMAL LENDERS
CHECK
INTELLECTUAL PROPERTY
CREDIT GROWTH
EXCHANGE RATE
SECURITIES LAW
SMALL BUSINESSES
SWAP
NONPERFORMING LOANS
spellingShingle DOMESTIC BOND
CONTINGENT LIABILITIES
MONETARY POLICY
HOLDING
DURABLE GOODS
CROSS-BORDER FLOWS
EQUIPMENT
REAL ESTATE INVESTMENT
CHECKS
DEPOSITS
DEMAND FOR CREDIT
MARKET MECHANISMS
REAL INTEREST RATES
DEED
VALUATION
DEBTORS
INTEREST
OPTION
ECONOMIC DEVELOPMENTS
DEBT MANAGEMENT
DOMESTIC MARKET
DEVELOPING COUNTRIES
TOTAL DEBT
REVENUES
PORTFOLIO
FISCAL POLICY
LOAN
BUDGET CONSTRAINTS
BORROWERS
LOAN RATES
MARKET ACCESS
RURAL BANKS
INSTRUMENTS
BOND AUCTIONS
INTEREST EXPENDITURES
SMALL BUSINESS
ALLOCATION OF CREDIT
LABOR MARKET
CAPITAL OUTFLOW
OIL PRICES
ALLOCATION OF CAPITAL
MARKET REFORMS
CURRENCY
FINANCIAL INSTITUTION
MARKET DEVELOPMENT
EXPORT GROWTH
LOAN RATE
HOME FINANCING
INCOME GROWTH
DEBTS
CAPITAL FORMATION
EXCHANGE RATES
BOND ISSUANCE
FINANCIAL INSTITUTIONS
DEBT
CAPITAL MARKET
MARKETS
LOCAL GOVERNMENT
PUBLIC FINANCE
DEPOSIT INSURANCE
DEMAND-SIDE FACTORS
BUDGET DEFICIT
INVENTORY
BANKING SECTOR
BAILOUT
FISCAL DEFICIT
FOREIGN CURRENCY EXPOSURE
TRANSACTIONS
IPO
AUCTIONS
GENERAL OBLIGATION BONDS
SAVINGS RATES
HUMAN CAPITAL
FEDERAL RESERVE
INTEREST PAYMENTS
DEBT-SERVICE
DOMESTIC LIQUIDITY
FUTURE
LOCAL DEBT
FOREIGN DIRECT INVESTMENT
INVESTMENT PROJECTS
PRICE CHANGES
ISSUANCE
LIQUIDITY MANAGEMENT
MARKET DISCIPLINE
TAX RATES
SHARES
GRACE PERIOD
NET DEBT
SECURITIES
TREASURY
INSURANCE
CURRENCIES
GOVERNMENT DEBT
GOVERNMENT BONDS
CAPITAL MARKET DEVELOPMENT
MUNICIPAL INVESTMENTS
REGISTRATION SYSTEM
DOMESTIC BOND MARKET
COMMERCIAL BANKS
DEBT MANAGEMENT GUIDELINES
TREASURY BONDS
FINANCIAL RISKS
INVESTMENT ACTIVITY
TREASURY YIELDS
COUPON
INTEREST RATE DIFFERENTIAL
INDEBTED HOUSEHOLDS
FINANCIAL SUPPORT
CONSUMER PRICE INDEX
LENDING
PUBLIC SECTOR DEBT
DEBT SWAP
MATURITIES
BANKING LAW
EXCESS SUPPLY
LABOR MARKETS
COMMODITY PRICES
LIABILITIES
CAPITAL ACCOUNT
DEVELOPMENT BANK
INVESTING
HOUSEHOLD INCOMES
DEFICIT
DEPOSIT
CAPITAL MARKETS
BASIS POINTS
GOVERNMENT EXPENDITURES
BROAD MONEY
INTEREST RATE SPREAD
STOCK
REPO
ASSET PRICES
GUARANTEES
FINANCIAL DISTRESS
PENSION SYSTEMS
INTEREST RATE
PROPERTY RIGHTS
EXCHANGE
STOCK MARKET
BALANCE OF PAYMENTS
BANKING SYSTEM
LOCAL GOVERNMENTS
CONSUMER GOODS
LIQUIDITY
REAL INTEREST
CDS
MORTGAGE
OUTSTANDING CREDIT
BONDS
TAX
INCOME TAX
BOND YIELDS
RESERVE
CREDITORS
INFLATION
PENSION
BUDGET
CENTRAL BANK
MATURITY
TRADE BALANCE
INITIAL DEBT
TELECOMMUNICATIONS
CURRENT ACCOUNT SURPLUS
CAPITAL BASES
PRIVATE BANKS
TRADING
INTEREST RATES
CAPITAL OUTFLOWS
PRIVATE INVESTMENT
HOUSEHOLD INCOME
PENSION REFORM
RETURN
LENDERS
FIXED ASSET
DIRECT INVESTMENT
LOANS
RESERVES
INVENTORIES
PRIVATE CAPITAL
COUPON RATES
PORTFOLIO INVESTMENTS
GOVERNMENT FINANCING
GROSS DOMESTIC PRODUCT
RULE OF LAW
FINANCIAL SYSTEM
RETURN ON ASSETS
FINANCE
FOREIGN CURRENCY
PUBLIC INVESTMENT
TAXES
CERTIFICATES OF DEPOSITS
EXPENDITURE
INFRASTRUCTURE INVESTMENT
EQUITY
CREDIT EXPANSION
INVESTORS
FOREIGN EXCHANGE RESERVES
FORMAL LOANS
FINANCIAL CRISIS
FINANCIAL INSTRUMENTS
BOND MARKET
CONTRACT
REPAYMENT
EXPENDITURES
ECONOMIC EFFICIENCY
CAPITAL FLOWS
PROPERTY
PROPERTIES
FOREIGN BANKS
BALANCE SHEET
MARKET
FOREIGN EXCHANGE
CORPORATE DEBT
GOODS
CORPORATE BONDS
SECURITY
BANK LOANS
DURABLE
STOCKS
INVESTMENT
OUTSTANDING DEBT
BOND
SHARE
INVESTMENT CLIMATE
BOND SWAP
BALANCE SHEETS
COLLATERAL
POVERTY
INTEREST COSTS
CAPITAL INFLOWS
REVENUE
EXTERNAL DEBT
PROFIT
INVESTMENTS
INFORMAL LENDERS
CHECK
INTELLECTUAL PROPERTY
CREDIT GROWTH
EXCHANGE RATE
SECURITIES LAW
SMALL BUSINESSES
SWAP
NONPERFORMING LOANS
Smits, Karlis
Goh, Chorching
Zhao, Luan
Vashakmadze, Ekaterine
Hill, Justin
Kuriakose, Smita
Freije-Rodriguez, Samuel
China Economic Update, June 2015
geographic_facet East Asia and Pacific
China
description Chinas economic growth continues to moderate, in 2014 gross domestic product (GDP) expanded by 7.4 percent, within the governments indicative growth target of about 7.5 percent for the year, but sharply slower than the 10 percent annual growth rate china averaged for three consecutive decades. An orderly correction in real estate - reflecting policy efforts to reduce supply mismatches and tighten nonbank credit - continues to weigh on economic activity. Ongoing adjustments in real estate, a buildup of excess capacity, and decelerating export growth are affecting industrial activity. In contrast growth in services remained robust as composition of growth continues to improve.
format Report
author Smits, Karlis
Goh, Chorching
Zhao, Luan
Vashakmadze, Ekaterine
Hill, Justin
Kuriakose, Smita
Freije-Rodriguez, Samuel
author_facet Smits, Karlis
Goh, Chorching
Zhao, Luan
Vashakmadze, Ekaterine
Hill, Justin
Kuriakose, Smita
Freije-Rodriguez, Samuel
author_sort Smits, Karlis
title China Economic Update, June 2015
title_short China Economic Update, June 2015
title_full China Economic Update, June 2015
title_fullStr China Economic Update, June 2015
title_full_unstemmed China Economic Update, June 2015
title_sort china economic update, june 2015
publisher World Bank, Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/07/24753523/china-economic-update
http://hdl.handle.net/10986/22122
_version_ 1764450263834296320
spelling okr-10986-221222021-04-23T14:04:07Z China Economic Update, June 2015 Smits, Karlis Goh, Chorching Zhao, Luan Vashakmadze, Ekaterine Hill, Justin Kuriakose, Smita Freije-Rodriguez, Samuel DOMESTIC BOND CONTINGENT LIABILITIES MONETARY POLICY HOLDING DURABLE GOODS CROSS-BORDER FLOWS EQUIPMENT REAL ESTATE INVESTMENT CHECKS DEPOSITS DEMAND FOR CREDIT MARKET MECHANISMS REAL INTEREST RATES DEED VALUATION DEBTORS INTEREST OPTION ECONOMIC DEVELOPMENTS DEBT MANAGEMENT DOMESTIC MARKET DEVELOPING COUNTRIES TOTAL DEBT REVENUES PORTFOLIO FISCAL POLICY LOAN BUDGET CONSTRAINTS BORROWERS LOAN RATES MARKET ACCESS RURAL BANKS INSTRUMENTS BOND AUCTIONS INTEREST EXPENDITURES SMALL BUSINESS ALLOCATION OF CREDIT LABOR MARKET CAPITAL OUTFLOW OIL PRICES ALLOCATION OF CAPITAL MARKET REFORMS CURRENCY FINANCIAL INSTITUTION MARKET DEVELOPMENT EXPORT GROWTH LOAN RATE HOME FINANCING INCOME GROWTH DEBTS CAPITAL FORMATION EXCHANGE RATES BOND ISSUANCE FINANCIAL INSTITUTIONS DEBT CAPITAL MARKET MARKETS LOCAL GOVERNMENT PUBLIC FINANCE DEPOSIT INSURANCE DEMAND-SIDE FACTORS BUDGET DEFICIT INVENTORY BANKING SECTOR BAILOUT FISCAL DEFICIT FOREIGN CURRENCY EXPOSURE TRANSACTIONS IPO AUCTIONS GENERAL OBLIGATION BONDS SAVINGS RATES HUMAN CAPITAL FEDERAL RESERVE INTEREST PAYMENTS DEBT-SERVICE DOMESTIC LIQUIDITY FUTURE LOCAL DEBT FOREIGN DIRECT INVESTMENT INVESTMENT PROJECTS PRICE CHANGES ISSUANCE LIQUIDITY MANAGEMENT MARKET DISCIPLINE TAX RATES SHARES GRACE PERIOD NET DEBT SECURITIES TREASURY INSURANCE CURRENCIES GOVERNMENT DEBT GOVERNMENT BONDS CAPITAL MARKET DEVELOPMENT MUNICIPAL INVESTMENTS REGISTRATION SYSTEM DOMESTIC BOND MARKET COMMERCIAL BANKS DEBT MANAGEMENT GUIDELINES TREASURY BONDS FINANCIAL RISKS INVESTMENT ACTIVITY TREASURY YIELDS COUPON INTEREST RATE DIFFERENTIAL INDEBTED HOUSEHOLDS FINANCIAL SUPPORT CONSUMER PRICE INDEX LENDING PUBLIC SECTOR DEBT DEBT SWAP MATURITIES BANKING LAW EXCESS SUPPLY LABOR MARKETS COMMODITY PRICES LIABILITIES CAPITAL ACCOUNT DEVELOPMENT BANK INVESTING HOUSEHOLD INCOMES DEFICIT DEPOSIT CAPITAL MARKETS BASIS POINTS GOVERNMENT EXPENDITURES BROAD MONEY INTEREST RATE SPREAD STOCK REPO ASSET PRICES GUARANTEES FINANCIAL DISTRESS PENSION SYSTEMS INTEREST RATE PROPERTY RIGHTS EXCHANGE STOCK MARKET BALANCE OF PAYMENTS BANKING SYSTEM LOCAL GOVERNMENTS CONSUMER GOODS LIQUIDITY REAL INTEREST CDS MORTGAGE OUTSTANDING CREDIT BONDS TAX INCOME TAX BOND YIELDS RESERVE CREDITORS INFLATION PENSION BUDGET CENTRAL BANK MATURITY TRADE BALANCE INITIAL DEBT TELECOMMUNICATIONS CURRENT ACCOUNT SURPLUS CAPITAL BASES PRIVATE BANKS TRADING INTEREST RATES CAPITAL OUTFLOWS PRIVATE INVESTMENT HOUSEHOLD INCOME PENSION REFORM RETURN LENDERS FIXED ASSET DIRECT INVESTMENT LOANS RESERVES INVENTORIES PRIVATE CAPITAL COUPON RATES PORTFOLIO INVESTMENTS GOVERNMENT FINANCING GROSS DOMESTIC PRODUCT RULE OF LAW FINANCIAL SYSTEM RETURN ON ASSETS FINANCE FOREIGN CURRENCY PUBLIC INVESTMENT TAXES CERTIFICATES OF DEPOSITS EXPENDITURE INFRASTRUCTURE INVESTMENT EQUITY CREDIT EXPANSION INVESTORS FOREIGN EXCHANGE RESERVES FORMAL LOANS FINANCIAL CRISIS FINANCIAL INSTRUMENTS BOND MARKET CONTRACT REPAYMENT EXPENDITURES ECONOMIC EFFICIENCY CAPITAL FLOWS PROPERTY PROPERTIES FOREIGN BANKS BALANCE SHEET MARKET FOREIGN EXCHANGE CORPORATE DEBT GOODS CORPORATE BONDS SECURITY BANK LOANS DURABLE STOCKS INVESTMENT OUTSTANDING DEBT BOND SHARE INVESTMENT CLIMATE BOND SWAP BALANCE SHEETS COLLATERAL POVERTY INTEREST COSTS CAPITAL INFLOWS REVENUE EXTERNAL DEBT PROFIT INVESTMENTS INFORMAL LENDERS CHECK INTELLECTUAL PROPERTY CREDIT GROWTH EXCHANGE RATE SECURITIES LAW SMALL BUSINESSES SWAP NONPERFORMING LOANS Chinas economic growth continues to moderate, in 2014 gross domestic product (GDP) expanded by 7.4 percent, within the governments indicative growth target of about 7.5 percent for the year, but sharply slower than the 10 percent annual growth rate china averaged for three consecutive decades. An orderly correction in real estate - reflecting policy efforts to reduce supply mismatches and tighten nonbank credit - continues to weigh on economic activity. Ongoing adjustments in real estate, a buildup of excess capacity, and decelerating export growth are affecting industrial activity. In contrast growth in services remained robust as composition of growth continues to improve. 2015-07-08T14:34:28Z 2015-07-08T14:34:28Z 2015-07-03 Report http://documents.worldbank.org/curated/en/2015/07/24753523/china-economic-update http://hdl.handle.net/10986/22122 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling East Asia and Pacific China