China Economic Update, December 2021 Rebalancing Act - From Recovery to High-Quality Growth
Following a strong rebound in the first half of 2021, economic activity cooled rapidly in the latter half of the year. The slowdown was partly policy induced, reflecting significant fiscal tightening and regulatory curbs on the financial and real estate sectors, while recurring COVID-19 outbreaks co...
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Washington, D.C
The World Bank
2021
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Schriftenreihe: | Economic Updates and Modeling
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520 | 3 | |a Following a strong rebound in the first half of 2021, economic activity cooled rapidly in the latter half of the year. The slowdown was partly policy induced, reflecting significant fiscal tightening and regulatory curbs on the financial and real estate sectors, while recurring COVID-19 outbreaks complicated the normalization of contact service activities. This led to a sharp slowdown in investment and sluggish recovery of private consumption, which was only partially offset by stronger-than-expected exports on the back of robust external demand. In addition, power shortages and production cuts aimed at reducing CO2 emissions, which surged in the first half of 2021, also weighed on economic activity | |
650 | 4 | |a Business Cycles and Stabilization Policies | |
650 | 4 | |a Credit | |
650 | 4 | |a Debt | |
650 | 4 | |a Economic Growth | |
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650 | 4 | |a Fiscal and Monetary Policy | |
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Datensatz im Suchindex
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discipline_str_mv | Wirtschaftswissenschaften |
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index_date | 2024-07-03T22:27:58Z |
indexdate | 2024-07-10T09:54:44Z |
institution | BVB |
language | English |
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publishDate | 2021 |
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publisher | The World Bank |
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series2 | Economic Updates and Modeling |
spelling | World Bank Group Verfasser aut China Economic Update, December 2021 Rebalancing Act - From Recovery to High-Quality Growth Washington, D.C The World Bank 2021 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Economic Updates and Modeling Following a strong rebound in the first half of 2021, economic activity cooled rapidly in the latter half of the year. The slowdown was partly policy induced, reflecting significant fiscal tightening and regulatory curbs on the financial and real estate sectors, while recurring COVID-19 outbreaks complicated the normalization of contact service activities. This led to a sharp slowdown in investment and sluggish recovery of private consumption, which was only partially offset by stronger-than-expected exports on the back of robust external demand. In addition, power shortages and production cuts aimed at reducing CO2 emissions, which surged in the first half of 2021, also weighed on economic activity Business Cycles and Stabilization Policies Credit Debt Economic Growth Employment and Unemployment Fiscal and Monetary Policy Labor Market Macroeconomics and Economic Growth Social Protections and Labor http://elibrary.worldbank.org/doi/book/10.1596/36828 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | China Economic Update, December 2021 Rebalancing Act - From Recovery to High-Quality Growth Business Cycles and Stabilization Policies Credit Debt Economic Growth Employment and Unemployment Fiscal and Monetary Policy Labor Market Macroeconomics and Economic Growth Social Protections and Labor |
title | China Economic Update, December 2021 Rebalancing Act - From Recovery to High-Quality Growth |
title_auth | China Economic Update, December 2021 Rebalancing Act - From Recovery to High-Quality Growth |
title_exact_search | China Economic Update, December 2021 Rebalancing Act - From Recovery to High-Quality Growth |
title_exact_search_txtP | China Economic Update, December 2021 Rebalancing Act - From Recovery to High-Quality Growth |
title_full | China Economic Update, December 2021 Rebalancing Act - From Recovery to High-Quality Growth |
title_fullStr | China Economic Update, December 2021 Rebalancing Act - From Recovery to High-Quality Growth |
title_full_unstemmed | China Economic Update, December 2021 Rebalancing Act - From Recovery to High-Quality Growth |
title_short | China Economic Update, December 2021 |
title_sort | china economic update december 2021 rebalancing act from recovery to high quality growth |
title_sub | Rebalancing Act - From Recovery to High-Quality Growth |
topic | Business Cycles and Stabilization Policies Credit Debt Economic Growth Employment and Unemployment Fiscal and Monetary Policy Labor Market Macroeconomics and Economic Growth Social Protections and Labor |
topic_facet | Business Cycles and Stabilization Policies Credit Debt Economic Growth Employment and Unemployment Fiscal and Monetary Policy Labor Market Macroeconomics and Economic Growth Social Protections and Labor |
url | http://elibrary.worldbank.org/doi/book/10.1596/36828 |
work_keys_str_mv | AT worldbankgroup chinaeconomicupdatedecember2021rebalancingactfromrecoverytohighqualitygrowth |