China Economic Panel (CEP) by ZEW and Fudan University (Shanghai): Economic Expectations for China Show
Signs of Improvement
An increasing proportion of the experts participating in the survey expect further growth of domestic consumption in China, while expectations on the development of Chinese exports is assessed less optimistic compared to the previous month. Notwithstanding some signs of stabilization in price expectations in major metropolitan areas' real estate markets after strong cutbacks in March, the development of real estate prices remains a risk factor for the Chinese business cycle.
After last month's significant decline, the assessment of China's current economic situation has also improved. The respective indicator increased by 5.1 points, now scoring at a value of precisely 0.0 points.
Zentrum für Europäische Wirtschaftsforschung GmbH (ZEW)
The Centre for European Economic Research has designed and conducted surveys on business and economic data for many years. The "ZEW Indicator of Economic Sentiment", one of the major early indicators for Germany and the euro area, has been compiled by ZEW researchers for more than 20 years. Moreover, the institute has been conducting expert surveys in cooperation with Credit Suisse and Erste Group Bank on the economic situation and development in Switzerland, Austria, and several Eastern European countries on a regular basis.
ZEW is one of Germany's leading economic research institutes and enjoys a strong reputation throughout Europe. ZEW has distinguished itself by analysing internationally comparative issues in the European context and creating data bases important for scientific research, e.g. Mannheim Innovation Panel (MIP), ZEW Start-Up Panel. ZEW's key objectives are conducting economic research, providing economic policy advising and transferring knowledge. ZEW was founded in 1990 and currently employs a staff of 190, of whom two thirds are researchers.
Research at ZEW:
International Finance and Financial Management; Labour Markets, Human Resources and Social Policy; Industrial Economics and International Management; Corporate Taxation and Public Finance; Environmental and Resource Economics, Environmental Management; Information and Communication Technologies; Competition and Regulation, International Distribution and Redistribution.