China Economic Panel (CEP) by ZEW and Fudan University (Shanghai) - Economic Expectations for China Decline for the Fourth Consecutive Month
China Economic PanelIn the current survey (March 12 to March 28, 2014) the CEP Indicator of Economic Sentiment for China worsened by 3.2 points reaching a value of 7.7 points. This is the fourth decline of economic expectations for China in a row. Since December 2013, the CEP-Indicator has lost about 23 points. The CEP Indicator captures the expectations of financial market experts regarding the economic development in China over the course of the next twelve months.
The Economic expectations for important economic regions such as Shanghai or Hong Kong decreased again, while expectations for Beijing increased slightly.
After last month’s slight improvement, the assessment of China’s current economic situation has declined significantly in the current survey. The respective indicator decreased by 16.1 points, reaching a value of minus 5.1 points.
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Dr. Gunnar Lang, Tel.: +49-621-1235-372, Email: lang@zew.de