China | Resilient growth amid policy fine-tuning
Published on Friday, June 17, 2016 | Updated on Sunday, May 13, 2018
China | Resilient growth amid policy fine-tuning
Summary
Our monthly GDP model forecast for Q2 GDP increased to 6.6% y/y from its previous projection of 6.4% y/y based on May data. Economic activity indicators appeared to be resilient despite the authorities’ policy fine-tuning on concerns of rising risks. There is no further dip in most activity indicators, except for FAI. Risks to our 2016 GDP growth forecasts remain neutral.
Topics
- Topic Tags
- Regional Analysis China
- Macroeconomic Analysis
Authors
Jinyue Dong
BBVA Research - Principal Economist
Le Xia
BBVA Research - Chief Economist
Gonzalo De Cadenas Santiago