July activity indicators and credit data suggest that the ongoing recovery hasn’t gained a strong foothold yet
Publicada el miércoles, 13 de agosto de 2014 | Actualizada el miércoles, 13 de agosto de 2014
July activity indicators and credit data suggest that the ongoing recovery hasn’t gained a strong foothold yet
Resumen
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.
Temáticas
- Etiquetas de Temática
- Análisis Macroeconómico
Autores
Le Xia
BBVA Research - Economista Jefe
Jinyue Dong
BBVA Research - Economista Principal