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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Veröffentlicht: Washington, D.C The World Bank 2021
Schriftenreihe:Economic Updates and Modeling
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China Economic Update, December 2021 Rebalancing Act - From Recovery to High-Quality Growth
Washington, D.C The World Bank 2021
1 Online-Ressource
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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