Growth To Slow Again After a Short Break

Economic Research	6 December 2016
China
Economic Outlook
Growth To Slow Again After a Short Break China’s economy has stabilised recently, given support from the strong property market, solid automobile sales, rising infrastructure spending and more approvals of PPP projects. Still, we believe risk is skewed towards the downside in 2017, given drags from supply-side reform, weakening property sales, booming debt, slower credit expansion and growing external uncertainties. While liquidity may tighten, the PBoC would stick to prudent monetary policies so as to curb rising asset bubbles. The Central Government may still likely rely more on targeted fiscal stimuli to support the economy. Economist:  Zhang Fan| +8621 6288 9611 ext 105
To access our recent reports please click on the links below: 19 Sep: Stabilising Growth But With Challenges Ahead 27 Jun: Economy Continues On A Slowing Growth Path 09 Mar: Finding The Way In The Fog 14 Dec: No Easy Way Ahead 09 Dec: Better Inflation Numbers, No Change Of Easing Stance 08 Dec: Mounting Uncertainty For Export Recovery