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Thursday, May 17, 2018
Market Must Prepare for China's Economic Slowdown in 2018
ANBOUND

Anbound previously predicted that China's economy in 2018 will be in low-key; this was considered by some as 'too pessimistic'. In the first quarter, China's economic growth rate was 6.8%, which seems to be optimistic; however a large part of the economic statistics in April does not appear to be that optimistic; except for industrial added value, we see that investment, consumption, exports and other statistics have all declined significantly, the growth rate of fixed asset investment has been the lowest since 1999, and the total retail sales of consumer goods growth rate is also the lowest within the year. The lower price index also shows that economic activity has decreased. Anbound's observation of many microeconomic phenomena also confirms the weakening in economic statistics. If macroeconomic policies are not adjusted, the economic slowdown in 2018 will be intensified.

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