Insight
China economic focus July 2022: how will China finance its recovery?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
China’s GDP growth slowed to 0.4% year-on-year in the second quarter. With large-scale lockdowns coming to an end in June and China relaxing its travel restrictions, fostering a quick recovery has become the country’s priority. China needs to pull up both investment and consumption to achieve the kind of speedy recovery seen in H2 2020. However, our analysis shows that China faces some financial challenges to support its recovery fully.
Table of contents
- Highlights
- Divergence in investment
- Off-balance-sheet funding for infrastructure
- Money flows into clean energy sectors
- Local government struggles to finance consumption stimulus
- Appendix
Tables and charts
This report includes the following images and tables:
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Private investment depressed in H1 2022Fixed asset investment in railway has been declining since 2019Annual capex deployment for power generation by technology in China
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Total government revenue and spendingLocal government revenue and spendingChanges in key government revenue itemsWood Mackenzie’s proprietary China dataManufacturing PMIIP and retail salesTradeInflationProperty
- 3 more item(s)...
What's included
This report contains:
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