China Economic Update - June 2022: Between Shocks and Stimulus - Real Estate Vulnerabilities and Financial Stability in China
After a strong start in early 2022, the largest COVID-19 wave in two years and resulting mobility restrictions have disrupted China's growth normalization. The global environment has also significantly worsened following Russia's invasion of Ukraine. Real gross domestic product (GDP) growt...
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| Corporate Author: | |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
The World Bank
2022
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| Series: | Economic Updates and Modeling
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| Subjects: | |
| Online Access: | kostenfrei |
| Summary: | After a strong start in early 2022, the largest COVID-19 wave in two years and resulting mobility restrictions have disrupted China's growth normalization. The global environment has also significantly worsened following Russia's invasion of Ukraine. Real gross domestic product (GDP) growth is projected to slow sharply to 4.3 percent in 2022. In the face of domestic and external headwinds, China's policymakers should carefully calibrate its policies. In the short term, China should balance COVID-19 mitigation with supporting economic growth. Over the medium term, greater efforts are needed to shift away from the old playbook of stimulus-led investment to boost economic growth. Decisive action to encourage a shift toward consumption, tackle social inequality, and rekindle innovation and productivity growth would help achieve a more balanced, inclusive, and sustainable growth trajectory for China |
| Physical Description: | 1 Online-Ressource |
| DOI: | 10.1596/37530 |
Staff View
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| indexdate | 2025-02-20T07:20:20Z |
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| series2 | Economic Updates and Modeling |
| spellingShingle | China Economic Update - June 2022 Between Shocks and Stimulus - Real Estate Vulnerabilities and Financial Stability in China Carbon Emissions Debt Markets Export Competitiveness Finance and Financial Sector Development Home Ownership Private Sector Development Real Estate Development Trade Trade Facilitation |
| title | China Economic Update - June 2022 Between Shocks and Stimulus - Real Estate Vulnerabilities and Financial Stability in China |
| title_auth | China Economic Update - June 2022 Between Shocks and Stimulus - Real Estate Vulnerabilities and Financial Stability in China |
| title_exact_search | China Economic Update - June 2022 Between Shocks and Stimulus - Real Estate Vulnerabilities and Financial Stability in China |
| title_exact_search_txtP | China Economic Update - June 2022 Between Shocks and Stimulus - Real Estate Vulnerabilities and Financial Stability in China |
| title_full | China Economic Update - June 2022 Between Shocks and Stimulus - Real Estate Vulnerabilities and Financial Stability in China |
| title_fullStr | China Economic Update - June 2022 Between Shocks and Stimulus - Real Estate Vulnerabilities and Financial Stability in China |
| title_full_unstemmed | China Economic Update - June 2022 Between Shocks and Stimulus - Real Estate Vulnerabilities and Financial Stability in China |
| title_short | China Economic Update - June 2022 |
| title_sort | china economic update june 2022 between shocks and stimulus real estate vulnerabilities and financial stability in china |
| title_sub | Between Shocks and Stimulus - Real Estate Vulnerabilities and Financial Stability in China |
| topic | Carbon Emissions Debt Markets Export Competitiveness Finance and Financial Sector Development Home Ownership Private Sector Development Real Estate Development Trade Trade Facilitation |
| topic_facet | Carbon Emissions Debt Markets Export Competitiveness Finance and Financial Sector Development Home Ownership Private Sector Development Real Estate Development Trade Trade Facilitation |
| url | https://doi.org/10.1596/37530 |
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