China | Vulnerability sentiment deteriorates in June
Published on Friday, June 30, 2017 | Updated on Friday, June 30, 2017
China | Vulnerability sentiment deteriorates in June
Summary
Our China Vulnerability Sentiment Index (CVSI) deteriorated in June, dragged by Housing and Exchange Rate component, which together offset a stable SOE Index and improving Shadow Banking Index. The deleveraging campaign has gained traction, with notable easing in shadow lending growth, though concerns over its effectiveness continues to undermine sentiment.
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Sumedh Deorukhkar
BBVA Research - Senior Economist
Alvaro Ortiz
BBVA Research - Head of Analysis with Big Data
Tomasa Rodrigo
BBVA Research - Lead Economist
Le Xia
BBVA Research - Chief Economist