China Economic Update, December 2021 : Rebalancing Act - From Recovery to High-Quality Growth

Following a strong rebound in the first half of 2021, economic activity cooled rapidly in the latter half of the year. The slowdown was partly policy induced, reflecting significant fiscal tightening and regulatory curbs on the financial and real e...

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Main Author:	World Bank
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2022
Subjects:	ECONOMIC GROWTH EXPORTS LABOR MARKET FISCAL TRENDS REAL ESTATE REGULATION CARBON DIOXIDE EMISSIONS DEBT CREDIT ECONOMIC OUTLOOK RISKS SERVICES TRADE
Online Access:	http://documents.worldbank.org/curated/undefined/099730001072271154/P17579700654ca02f0a3ba07ea043314196 http://hdl.handle.net/10986/36828

id	okr-10986-36828
recordtype	oai_dc
spelling	okr-10986-368282022-01-19T05:10:39Z China Economic Update, December 2021 : Rebalancing Act - From Recovery to High-Quality Growth World Bank ECONOMIC GROWTH EXPORTS LABOR MARKET FISCAL TRENDS REAL ESTATE REGULATION CARBON DIOXIDE EMISSIONS DEBT CREDIT ECONOMIC OUTLOOK RISKS SERVICES TRADE Following a strong rebound in the first half of 2021, economic activity cooled rapidly in the latter half of the year. The slowdown was partly policy induced, reflecting significant fiscal tightening and regulatory curbs on the financial and real estate sectors, while recurring COVID-19 outbreaks complicated the normalization of contact service activities. This led to a sharp slowdown in investment and sluggish recovery of private consumption, which was only partially offset by stronger-than-expected exports on the back of robust external demand. In addition, power shortages and production cuts aimed at reducing CO2 emissions, which surged in the first half of 2021, also weighed on economic activity. 2022-01-18T16:21:25Z 2022-01-18T16:21:25Z 2021-12 Report http://documents.worldbank.org/curated/undefined/099730001072271154/P17579700654ca02f0a3ba07ea043314196 http://hdl.handle.net/10986/36828 English 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
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ECONOMIC GROWTH EXPORTS LABOR MARKET FISCAL TRENDS REAL ESTATE REGULATION CARBON DIOXIDE EMISSIONS DEBT CREDIT ECONOMIC OUTLOOK RISKS SERVICES TRADE
spellingShingle	ECONOMIC GROWTH EXPORTS LABOR MARKET FISCAL TRENDS REAL ESTATE REGULATION CARBON DIOXIDE EMISSIONS DEBT CREDIT ECONOMIC OUTLOOK RISKS SERVICES TRADE World Bank China Economic Update, December 2021 : Rebalancing Act - From Recovery to High-Quality Growth
geographic_facet	East Asia and Pacific China
description	Following a strong rebound in the first half of 2021, economic activity cooled rapidly in the latter half of the year. The slowdown was partly policy induced, reflecting significant fiscal tightening and regulatory curbs on the financial and real estate sectors, while recurring COVID-19 outbreaks complicated the normalization of contact service activities. This led to a sharp slowdown in investment and sluggish recovery of private consumption, which was only partially offset by stronger-than-expected exports on the back of robust external demand. In addition, power shortages and production cuts aimed at reducing CO2 emissions, which surged in the first half of 2021, also weighed on economic activity.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	China Economic Update, December 2021 : Rebalancing Act - From Recovery to High-Quality Growth
title_short	China Economic Update, December 2021 : Rebalancing Act - From Recovery to High-Quality Growth
title_full	China Economic Update, December 2021 : Rebalancing Act - From Recovery to High-Quality Growth
title_fullStr	China Economic Update, December 2021 : Rebalancing Act - From Recovery to High-Quality Growth
title_full_unstemmed	China Economic Update, December 2021 : Rebalancing Act - From Recovery to High-Quality Growth
title_sort	china economic update, december 2021 : rebalancing act - from recovery to high-quality growth
publisher	World Bank, Washington, DC
publishDate	2022
url	http://documents.worldbank.org/curated/undefined/099730001072271154/P17579700654ca02f0a3ba07ea043314196 http://hdl.handle.net/10986/36828
_version_	1764485978697760768

China Economic Update, December 2021 : Rebalancing Act - From Recovery to High-Quality Growth

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