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Published on Friday, June 30, 2017 | Updated on Friday, June 30, 2017

China | Vulnerability sentiment deteriorates in June

Summary

Our China Vulnerability Sentiment Index (CVSI) deteriorated in June, dragged by Housing and Exchange Rate component, which together offset a stable SOE Index and improving Shadow Banking Index. The deleveraging campaign has gained traction, with notable easing in shadow lending growth, though concerns over its effectiveness continues to undermine sentiment.

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201706_ChinaIndex

English - June 30, 2017

Authors

SD
Sumedh Deorukhkar BBVA Research - Senior Economist
�O
Álvaro Ortiz BBVA Research - Head of Analysis with Big Data
TR
Tomasa Rodrigo BBVA Research - Lead Economist
LX
Le Xia BBVA Research - Chief Economist
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