China Economic Outlook: Second Quarter of 2015
Published on Thursday, May 7, 2015 | Updated on Monday, May 14, 2018
China Economic Outlook: Second Quarter of 2015
Summary
Q1 GDP growth slowed down to 7.0% y/y from 7.3% y/y previously, which, albeit in line with BBVA and market expectations, registered the lowest reading since 2009 Q1. Overall, growth is losing steam at a faster-than-expected pace despite the loosening monetary measures implemented since November, including two interest rate cuts, two RRR cuts.
Topics
- Topic Tags
- Macroeconomic Analysis
- Regional Analysis China
Authors
Le Xia
BBVA Research - Chief Economist
Jinyue Dong
BBVA Research - Principal Economist