Home | News & Opinion | China Leading Economic Indicators rise slightly

China Leading Economic Indicators rise slightly

By
Font size: Decrease font Enlarge font
China Leading Economic Indicators rise slightly

Increased downside risk seen.

The Conference Board Leading Economic Index for China increased 0.9% in September, following a 0.7% increase in August and a 1.3% increase in July. Five of the six components contributed positively to the index in September.

"Recent developments, therefore, confirm our long-term view of a soft fall of the economy.”

"The six-month growth rate of the Leading Economic Index has eased steadily throughout the third quarter, indicating increased downside risks to economic growth in the months ahead," said Andrew Polk, resident economist at The Conference Board China Center in Beijing.  "While activity in the property sector stabilized a bit, sharp weakening in demand for both bank credit and real estate point to sluggish private investment in the last quarter of 2014. Recent developments, therefore, confirm our long-term view of a soft fall of the economy.”

The Conference Board Coincident Economic Index for China, which measures current economic activity, increased 0.5%, following no change in August and a 1.1% increase in July. Four of the five components contributed positively to the index in September.

Share this:

 

Join PRESIDENT&CEO on LinkedIn

Subscribe to comments feed Comments (0 posted)

total: | displaying:

Post your comment

  • Bold
  • Italic
  • Underline
  • Quote

Please enter the code you see in the image:

Captcha