Publication:
China Economic Update, December 2021: Rebalancing Act - From Recovery to High-Quality Growth

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dc.contributor.authorWorld Bank
dc.date.accessioned2022-01-18T16:21:25Z
dc.date.available2022-01-18T16:21:25Z
dc.date.issued2021-12
dc.description.abstractFollowing 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.en
dc.identifierhttp://documents.worldbank.org/curated/undefined/099730001072271154/P17579700654ca02f0a3ba07ea043314196
dc.identifier.doi10.1596/36828
dc.identifier.urihttps://hdl.handle.net/10986/36828
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectEXPORTS
dc.subjectLABOR MARKET
dc.subjectFISCAL TRENDS
dc.subjectREAL ESTATE REGULATION
dc.subjectCARBON DIOXIDE EMISSIONS
dc.subjectDEBT
dc.subjectCREDIT
dc.subjectECONOMIC OUTLOOK
dc.subjectRISKS
dc.subjectSERVICES TRADE
dc.titleChina Economic Update, December 2021en
dc.title.subtitleRebalancing Act - From Recovery to High-Quality Growthen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleChina Economic Update, December 2021
okr.date.disclosure2022-01-07
okr.date.doiregistration2025-05-07T10:04:12.755584Z
okr.date.lastmodified2022-01-07T00:00:00Zen
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/undefined/099730001072271154/P17579700654ca02f0a3ba07ea043314196
okr.guid099730001072271154
okr.guid099730101072229407
okr.identifier.externaldocumentum33699359
okr.identifier.internaldocumentum33699359
okr.identifier.report167749
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099730001072271154/pdf/P17579700654ca02f0a3ba07ea043314196.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryChina
okr.topicInternational Economics and Trade::Trade and Services
okr.topicMacroeconomics and Economic Growth::Business Cycles and Stabilization Policies
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.topicSocial Protections and Labor::Employment and Unemployment
okr.unitEFI-EAP-MTI-MacroFiscal-1 (EEAM1)
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