China | Recovery appears resilient to headwinds
Published on Tuesday, December 13, 2016 | Updated on Sunday, May 13, 2018
China | Recovery appears resilient to headwinds
Summary
November activity indicators came out today, indicating growth momentum continues. Among which, retail sales picked up significantly on strong auto sales while IP and FAI are in line with the market expectations. Altogether, economic activities continue to rebound from the previous downturn despite recent headwinds from housing market and RMB deprecation.
Topics
- Topic Tags
- Regional Analysis China
- Macroeconomic Analysis
Authors
Jinyue Dong
BBVA Research - Principal Economist
Le Xia
BBVA Research - Chief Economist