China quarterly update, February 2008
Abstract
China's economic growth has begun
to inch down from its record rates earlier in 2007, while
food prices are lifting inflation. The global outlook has
weakened and is uncertain, but China is likely to grow
robustly and is well-positioned to stimulate...
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China's economic growth has begun
to inch down from its record rates earlier in 2007, while
food prices are lifting inflation. The global outlook has
weakened and is uncertain, but China is likely to grow
robustly and is well-positioned to stimulate demand if
needed. The slowdown in the global economy should affect
China's exports and investment in the tradable sector,
but the momentum of domestic demand should remain robust and
a limited global slowdown could contribute to rebalancing of
the economy. The government recently introduced further
administrative measures to contain inflation. Their
objective is to dampen price rises, keep items affordable,
and manage expectations. With the new relative price data,
the World Bank's estimate of the $1 per day purchasing
power parity (PPP) poverty rate will go up modestly.
However, estimates for earlier years will be revised as
well. The revision does not change the fact that China has
had the largest and fastest poverty reduction in history.
Show Less
Details
| Document Date | 2008/02/01 |
| Document Type | Newsletter |
| Report Number | 42794 |
| Volume No | 1 of 1 |
| Country | China |
| Doc Name | China quarterly update, February 2008 |
| Keywords | acid rain, affordable housing, aggregate demand, Agriculture, asset price, asset prices, balance sheet, balance sheets, ban... acid rain, affordable housing, aggregate demand, Agriculture, asset price, asset prices, balance sheet, balance sheets, bank lending, Bank Office, benchmarking, bond, border crossings, Broad money, business environment, Capital account, capital controls, capital flows, capital inflows, Capital market, Capital market developments, Capital markets, car, central bank, climate change, commercial banks, commodities, commodity, commodity prices, consumer price inflation, controlled prices, core business, corporate bonds, cost analysis, credit history, credit information system, currency, Current account balance, current account surplus, current account surpluses, customer service, deflators, deposit, deposit rate, deposit rates, deposits, developing countries, developing economies, diversion of traffic, dividend, domestic economy, domestic market, domestic price, drivers, economic development, ECONOMIC DEVELOPMENTS, economic size, economic statistics, economies of scale, elasticity, emerging markets, emission, emissions, energy consumption, environmental criteria, environmental protection, equity impacts, equity investment, equity market, excess demand, exchange rate, exchange rate regime, exchange rates, Export growth, exposure, external trade, financial institutions, financial market, financial market developments, financial markets, financial system, firm growth, fiscal policy, fixed asset, Fixed capital, fixed rail, flexible exchange rate, flexible exchange rate regime, food price, food prices, foreign companies, foreign exchange, foreign firms, foreign institutional investors, foreign investment, freight, freight delivery, freight traffic, freight transport, fuel, fuel production, fuels, GDP, GDP deflator, GDP per capita, global economies, global economy, global markets, growth rates, high speed rail, high speed rail line, household saving rate, household saving rates, Housing Finance, incentive effects, income, income tax, incomes, inflation expectations, inflationary pressure, information system, infrastructure investment, inland waterways, Inspection, insurance, insurers, interest rate, interest rates, international market, international trade, investor protection, joint venture, joint ventures, land use, law enforcement, liberalization, liquidity, living standards, locomotive, M2, Macroeconomic policies, Macroeconomic policy, market capitalization, market conditions, market economy, market manipulation, market price, mobility, mode of transport, monetary policy, money growth, money multiplier, mortgage lending, mortgage loans, natural resources, net capital, net exports, open market operations, output, passenger traffic, passenger trip, per capita income, petroleum products, pollution, population density, portfolio, portfolio flows, potential output, power parity, price controls, price increases, price levels, private investors, productivity growth, property rights, public policy, purchasing power, rail, rail freight, rail network, rail safety, rail system, rail transport, railway, railway industry, railway lines, railway network, railway system, railways, real estate, real estate investors, real GDP, rebates, regional travel, regulator, Regulatory authorities, regulatory framework, reserve requirement, residential mortgage, rise in inflation, road, road transport, route, routes, sales growth, securities, securities market, Securities Regulation, share prices, social developments, speeds, Stock Exchanges, stock market, stock markets, stricter enforcement, tax, taxi drivers, telecommunications, Total revenue, trading volume, traffic, traffic density, trains, transaction costs, transit, transport, transport corridors, transport services, true, volatility, wage growth, wages, water pollution, world economy, WTO |
| Language | English; |
| Region | East Asia and Pacific; |
| Rep Title | China quarterly update, February 2008 |
| Topics | Transport; Private Sector Development; Macroeconomics and Economic Growth; Finance and Financial Sector Development; |
| SubTopics | Transport Economics Policy & Planning; Emerging Markets; Economic Theory & Research; Markets and Market Access; Currencies and Exchange Rates; |
| Unit Owning | WB Off: Beijing (CN/MN/KR) (EACCF) |
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