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July activity indicators and credit data suggest that the ongoing recovery hasn’t gained a strong foothold yet

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Published on Wednesday, August 13, 2014 | Updated on Wednesday, August 13, 2014

July activity indicators and credit data suggest that the ongoing recovery hasn’t gained a strong foothold yet

China's economic activity moderated in July due to softened domestic demand and credit growth surprised to the downside substantially. We expect the authorities will continue the stimulus policies to maintain economic growth in the second half of 2014.

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140813_Flash_CHINA_Aug_macro English August 13, 2014
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Authors

Le XiaBBVA Research - Chief Economist
Jinyue DongBBVA Research - Principal Economist

Geographies

Geography Tags
Asia
China

Topics

Topic Tags
Macroeconomic Analysis

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