China View: The "Long Soft Fall" Continues–No Bottom in Sight
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Economy Watch | China

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China View: The "Long Soft Fall" Continues–No Bottom in Sight


August 01, 2019 | Report

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July 2019- June Data Release

While some June data beat expectations, the growth outlook for 2H 2019 remains gloomy. Chinese export growth continues to deteriorate, due to weaker global demand and elevated US tariffs. The fundamental drivers of consumption growth—job creation and income growth—are both expected to continue declining in the 2H. Despite these growing headwinds, government stimulus measures have been relatively measured thus far.


AUTHOR

YuanGao

Yuan Gao

Former Senior Economist, China Center for Economics and Business
The Conference Board

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