China Economic Update, October 2014

• Tác giả: Karlis Smits
• Ngôn ngữ: eng
• Ký hiệu phân loại: 940.35 History of Europe Western Europe
• Thông tin xuất bản: World Bank, Beijing, 2015
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 304384
• Chủ đề: 1. Economic growth; 2. Economic prospects; 3. Fiscal policy; 4. Labor market; 5. Tax reform

Tóm tắt

In 2014, Chinas growth continued to slow which reflected policy to put their economic growth on a more sustainable footing. While policy efforts to tighten credit growth reduce excess capacity, internalize the cost of industrial pollution, and harden local governments budget constraints accelerated. These measures will produce a much needed realignment of growth in the medium term. A week housing market continues to be a significant drag on domestic economic activity. The government has ample policy buffers to contain a disorderly adjustment in the housing market.