Economic Expectations for China Decline Further

China Economic Panel (CEP) by ZEW and Fudan University

Mannheim, (PresseBox) - In the current survey (Feb. 24, 2014 to Mar. 03, 2014) the CEP-Indicator of Economic Sentiment for China worsened by 9.8 points reaching a value of 10.9 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. Since December 2013, the CEP-Indicator has lost almost 20 points. It fits in the clouded picture that economic expectations for China's important economic regions such al Beijing, Shanghai and Guangzhou lost ground in this month's survey, too.

After last month's decline, the assessment of China's current economic situation has slightly improved in the current survey. The respective indicator increased by 0.9 points, reaching a value of 10.9 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; Growth and Business Cycles; Competition and Regulation, International Distribution and Redistribution.

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