Recent trends suggest domestic demand is cooling down, but external demand keeps GDP growth high, while slower money growth indicates that external surpluses pose as of yet little risk for China's monetary policy. Nevertheless, the macroeconomic outlook for 2005 remains favorable. The note further suggests, given the constellation of risks, prudent economic policies are appropriate. The National People's Congress, March session, confirmed a broadening...
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INFORMATION
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2005/04/01
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Bulletin d’information
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34458
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1
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1
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2010/07/01
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Disclosed
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China quarterly update, April 2005
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accounting