Slowdown In China Research Articles

On the Implementation of Policies and Measures in the Field of Economic Integration and Entrepreneurship within the Framework of the Eurasian Economic Union

The article examines the situation in the sphere of economic integration and entrepreneurship within the Eurasian Economic Union, related to the pandemic of coronavirus infection, proposed possible measures aimed at transforming the economy as a whole well as a gradual way out of the crisis. As a result of the implementation by most countries of the world of measures to limit the spread of COVID-19 virus infection, there was a drop in financial markets and commodities prices. It also caused a significant deterioration in the external situation for the EAEU. Forecasts of the situation indicate the beginning of the global recession, comparable in magnitude to the financial and economic crisis of 2008–2009 (in an optimistic version) or the Great Depression of the 1930s (in a pessimistic scenario). In 2020, world trade was expected to contract by tens of per cent, a sharp drop in economic activity in the EU, a slowdown in China, which accounts for the bulk of foreign trade of the EAEU countries.

Prediksi Krisis Perbankan di Indonesia Menggunakan CD Indeks

Banking sector has close relationship with economic growth. At the end of 2015 condition of global economic has influence from China slowdown, fall down crude oil price, and rasie interest rate by the fed. These had bad impact for developing counties like Indonesia. In the fact financials crisis in Asia at 1998, sub prime mortage crisis in USA at 2008, and goverment debt crisis in Greece at 2011 made many bank in Indonesia collapse. From past crisis banking sector must have more attention to avoid sistemic crisis. This study aim to make prediction banking crisis models from three group of variable. There are internal bank, macroeconomic, and global economic. This research use Crisis and Default index to measure and identificate probably crisis in indivual bank. All of bank were listed in Indonesian Stock Exchange at 2009 until 2014 has taken as sample. This research chose logit model as a probability crisis models and use logistic regression to testing hypothesis. The result from internal factor with non performing loans, labor cost ratio, and loan to deposits ratio was positive relationship with probability banking crisis. Futhermore net interest margin and interest income to total aset was negative influence for banking crisis. Then from macroeconomic and global economic these are domestic inflation and USA real interest rate was positive influence for banking crisis. After that M2 to reserved ratio, USA growth, and oil price was negative impact to make banking crisis in Indonesia

COVID-19 Impact on Sri Lankan Economics

COVID-19 is rapidly spreading across the world since 2019(2020 WHO) it has been a biggest challenge for mankind in the recent past years. The pandemic outbreak drastically effected China’s economy, the slowdown in China’s economy effected rest of the world as well. Sri Lanka is also not an exception for this. The first COVID-19 case was reported in Mar 11 in Sri Lanka after that many other positive COVID-19 cases were identified and government has taken pre caution methods to control the pandemic successfully for about six months but now the situation is out of our hand. COVID-19 pandemic created more negative effects in key income sectors like tourism, export earnings, small and medium entrepreneurship, tea, apparel and textile exports. Sri Lanka’s tea production for the period January - December 2019 totalled 300.1 million kgs and it was reduced to 278.5million kgs in January – December 2020 (Tea Exporters Association Sri Lanka). Apparel exports for the year 2019 was 481mn$ reduced to 382.28mn$ in 2020(Apparel exporters association) Also, Colombo stock exchange reported a historical low in mid-March, moreover Sri Lanka’s external sector performance weakened due to lack of exports this was due to the travel restrictions, Closure of ports and airports. Meanwhile the inflation of the country in 2019 reported 4.3% increased to 4.56% in 2020. However, some recommendations implemented by Central Bank of Sri Lanka (CBSL) to strengthen and rebuild the economic. Moratorium facilities granted for the loans, working capital loans with a low interest rate to support the small-scale retailers and small medium entrepreneurship. As of now Sri Lanka recovering from the pandemic impact and trying to recover the economic slowdown.

Islamic Stock Markets Integration and Contagion Effect of China’s Economic Slowdown

This study investigated the existence of the Islamic stock markets integration among Asian countries and the contagion effect caused by the economics slowdown in China. The data of this study are the daily closing price of islamic stock index in Indonesia (MIID), Malaysia (MIMY), and China (MICN). The period of analysis is divided into tranquil period (August 30, 2007 - June 11, 2015) and turmoil period (June 12, 2015 - September 1, 2016). Meanwhile, there are 2351 observational datas used in this study. The Johansen Cointegration test, Vector Error Correction Model (VECM), and Granger Causality test are used as the research methods.The results showed that in both periods,the islamic stock market of three countries are integrated with each other. However, there is no evidence of contagion effect during the economics slowdown in China. In addition, there is a bidirectional causality relationship between the Malaysia and China Islamic stock markets.

Spillovers from the Slowdown in China on Financial and Energy Markets: An Application of VAR–VECH–TARCH Models

The 2008 global financial crisis provides us with a wide range of study fields on cross-asset contagion mechanisms in the US financial markets. After a decade of the so-called subprime crisis, the impact of market news on asset volatilities increased significantly. Consequently, return and volatility spillovers became the most extensive channel for spreading out the news generated in one market to the other ones, which made the financial markets inherit international risk factors as their own local risks. Moreover, as a result of the Chinese economy becoming the main driver of the global economy in the last decade, Chinese markets became more interconnected with developed markets which were followed by a “digital cold war” era via Twitter. In this study, we investigate the relationship between the US stock market, Chinese stock markets, rare earth markets and industrial metals, and mining products via three different models by utilizing VAR–VECH–TARCH models. According to our findings, bilateral spillover exists between US and Chinese stock markets. Cross-market spillovers show that there is a risk transmission channel between the industrial metals, rare earth, and Chinese and US stock markets due to China’s strengthening position in the global economy.

A desaceleração da economia da China e a transição para um “novo normal” no século 21

A China tem passado por profundas mudanças econômicas desde o fim da década de 1970. As elevadas taxas de crescimento econômico transformaram a China de país pobre e agrícola em uma economia de renda média e industrializada no início do século 21. De todo modo, a partir da eclosão da crise global de 2008, a economia da China entrou em uma nova fase de relativa desaceleração e transição para um “novo normal”, com taxas de crescimento econômico ao redor de 6%. O principal objetivo deste artigo é examinar os fatores que explicam a desaceleração da economia da China no contexto pós-crise global de 2008. Osresultados apontam que a desaceleração da economia chinesa para um “novo normal” é um fenômeno esperado e reflete dinâmicas estruturais de um país que atingiu a renda média. Ao mesmo tempo, o aprofundamento dos desequilíbrios macroeconômicos e a perda de eficiência econômica evidenciam o esgotamento das políticas econômicas adotadas a partir da eclosão da crise global de 2008.

INDIAN GARMENTS INDUSTRY EXPORT PERFORMANCE: A CASE OF CHINA & USA

India is in a position to increase its market share in garment export to USA after the removal of Quotas. The performance of Indian garments export to US has been examined. The study of china slowdown markets brings out the winners and strugglers in the market. This research paper makes a critical appraisal of the prevailing issues affecting the export import trend. Approach of the Study: The study has been carried on in two phases, the first phase was exploratory research and the second phase was primary research. Limitation: The research is carried out on the exports of garments only. The study will not give any detail of the fabric exports from India. The research is based on a questionnaire survey of garment exporters in New Delhi, India. KEYWORDS: Garment export, Value Chain, export performance, export competitiveness

Guinea

Guinea is being severely affected by the COVID-19 pandemic. A local outbreak is spreading rapidly, adding pressure to the fragile social context and putting a strain on the health system. Containment measures have started to negatively impact domestic economic activity. Furthermore, the sharp slowdown in China (Guinea’s main export market) has hindered mining exports and tax revenues, putting pressure on Guinea’s external and fiscal position. Since the completion of the fourth ECF review, worsening global conditions and the local outbreak have deteriorated Guinea’s short-term outlook. Real growth is expected to sharply decelerate to 1.4 percent in 2020.

Air Pollution Scenario over China during COVID-19

The unprecedented slowdown in China during the COVID-19 period of November 2019 to April 2020 should have reduced pollution in smog-laden cities. However, moderate resolution imaging spectrometer (MODIS) satellite retrievals of aerosol optical depth (AOD) show a marked increase in aerosols over the Beijing–Tianjin–Hebei (BHT) region and most of Northeast and Central China, compared with the previous winter. Fine particulate (PM2.5) data from ground monitoring stations show an increase of 19.5% in Beijing during January and February 2020, and no reduction for Tianjin. In March and April 2020, a different spatial pattern emerges, with very high AOD levels observed over 50% of the Chinese mainland, and including peripheral regions in the northwest and southwest. At the same time, ozone monitoring instrument (OMI) satellite-derived NO2 concentrations fell drastically across China. The increase in PM2.5 while NO2 decreased in BTH and across China is likely due to enhanced production of secondary particulates. These are formed when reductions in NOx result in increased ozone formation, thus increasing the oxidizing capacity of the atmosphere. Support for this explanation is provided by ground level air quality data showing increased volume of fine mode aerosols throughout February and March 2020, and increased levels of PM2.5, relative humidity (RH), and ozone during haze episodes in the COVID-19 lockdown period. Backward trajectories show the origin of air masses affecting industrial centers of North and East China to be local. Other contributors to increased atmospheric particulates may include inflated industrial production in peripheral regions to compensate loss in the main population and industrial centers, and low wind speeds. Satellite monitoring of the extraordinary atmospheric conditions resulting from the COVID-19 shutdown could enhance understanding of smog formation and attempts to control it.

Impact of Corona Virus Outbreak on Malaysian Trade

The novel coronavirus strain (COVID-19) has not only affected countless human lives all over the world, but it has also been predicted to have a potentially adverse impact on the global economy. In relation to this, Malaysia's economy is likely to be affected due to the rapid slowdown of China's global trade activities. The objective of this study is to identify the changes in the major exports and imports in Malaysia between December 2019 and January 2020. The findings show that only the exports of electric and electronic products, as well as liquefied natural gas, have shown positive growth during the observation period, whilst the manufacture of metal and crude petroleum decreased. Moreover, the total volume of export goods sent to China was also reduced. Overall, the COVID-19 pandemic has affected the Malaysian economy and trade, but it is likely to recover with recent Malaysian government incentives.

SPATIO-TEMPORAL VARIATION OF PM2.5 CONCENTRATION IN CHINA FROM 1998 TO 2016 AND ITS RESPONSE TO ECONOMIC DEVELOPMENT

Abstract. China's economy has experienced rapid development in the past few decades, and economic development has also brought serious pollution problems, which has attracted wide attention of scholars at home and abroad. Based on the data of global PM2.5 remote sensing products and China's economic development from 1998 to 2016, the temporal and spatial variations of PM2.5 concentration in China from 1998 to 2016 were analyzed, and the response of PM2.5 concentration in China to economic development was studied. The results showed that the average annual PM2.5 concentration in 1998–2016 showed the spatial distribution characteristics of high in the East and low in the west; during 1998–2016, PM2.5 increased significantly in most regions, but decreased significantly in Inner Mongolia, Shaanxi, Ningxia and Gansu, while PM2.5 did not change significantly in some parts of the central region; during 1998–2007, PM2.5 concentration in most regions of China experienced rapid economic development. The concentration of PM2.5 in a few areas such as Inner Mongolia decreased significantly, while that in Yunnan, Sichuan and Inner Mongolia did not change significantly. During the 10 years of economic slowdown in China (2008–2016), the downward trend of PM2.5 concentration in China was expanding. The concentration of PM2.5 in the central and southern regions decreased or did not change significantly, except in the northwest and a few northeast regions. The change of PM2.5 concentration responds obviously to economic development, but the response of different regional economic development to the change of PM2.5 concentration is different.

The Impact of Foreign Slowdown on the U.S. Economy: An Open Economy DSGE Perspective

Over the course of 2018, economic activity in major advanced foreign economies and emerging markets—including the Euro area and China—decelerated noticeably. In parallel, foreign growth projections for 2019 and 2020 were revised down, signaling potentially large headwinds for the U.S economy over the medium term. In this article, we use a multi-country simulation model to quantify economic spillovers to the United States from a slowdown originating in the Euro area. Next, we compare these results with spillovers from a slowdown originating in China. We find that spillovers to the U.S. economy from a slowdown in the Euro area are sizable, mainly due to lack of monetary policy space in the region along with greater financial integration between Europe and the United States. Standard trade-related spillovers from a slowdown in China to the United States, instead, are quantitatively limited.

Экономика КНР в условиях торговой войны

The article discusses internal and external factors affecting the growth and structure of the PRC economy at the present stage. Currently, China has found itself in a complicated position requiring a parallel solution of two major tasks: the steady transformation of its development model in order to create a modern economy based on advanced technologies and innovations, as well as the restructuring of foreign economic relations and regrouping among the main trading partners in connection with the ongoing US-China trade conflict. The PRC leadership has taken a number of measures to maintain stable economic growth, including monetary easing, reduction of tax burden on the economy, promotion of public-private partnership, active attraction of foreign investors and creation of free trade zones. The PRC Law on Foreign Investments was adopted in March 2019 and entered into force starting from 2020. In accordance with the new law, foreign enterprises obtain national status at all stages of the investment process. The law significantly enhances the legal protection of foreign entrepreneurs. However, despite all efforts of the government main socio-economic indicators demonstrate the continuation of the downward trend prevailing in the PRC in previous years. At the same time, certain positive structural changes that have occurred in the economy have to some extent mitigated the effects of the slowdown in China’s economic growth. Both China and the United States incur losses caused by mutual application of trade sanctions. The ongoing Sino-US negotiations are aimed at finding a compromise solution acceptable for both sides. As a result, in January 2020, after 12 rounds of negotiations, the Chinese-American economic agreement was signed, representing the first phase of the trade deal between the two countries. However the parties face a difficult and, most likely, lingering prospect of resolving their trade and economic contradictions within the second phase of the negotiation process.

Global Market Risks and Their Possible Consequences for Russian Economy

At present there is more and more information about the slowdown in the world economic growth. There is deterioration in the economic situation in European countries: GDP is declining in Germany, the leading Central banks continue to ease monetary policy, there are also growing signs of a slowdown in China. These events have raised concerns about the onset of a recession in the world economy. The dynamics of the world energy prices is also influenced by the risks of global economic growth slowing. The instability of the global financial system significantly exacerbates global uncertainty, increasing currency, trade and economic differences between countries. As a result, there is an increasing need to strengthen the role of public administration in order to increase the importance of domestic programs in order to ensure stable economic growth. This task is also important for Russia, since the growth of our country's economy has slowed significantly. In the situation of the global recession threat, Russia should take certain measures to avoid the negative consequences that may arise when the global crisis occurs.

The Relationship of Interest Rate, Exchange Rate, GDP and FDI with Respect to Chinese Economy

Economic growth can be described as the boom in purchasing power of a country in offering the economic goals of its population. China is the major emerging market in Asia. Late 1970's China has gone through major economic reform, which leads them to the fastest developing country in the world. In this article, the Analyzer attempted to become aware of the impact of FDI, Real Interest Rate, Exchange rates and Gross Domestic Product (GDP) with respect to each other. Chinese GDP is greater than 10% over 30 years constantly. The researcher attempted to find the scope of the future boom of China and the global economic system, taken into consideration the current financial slowdown of China, the new economic interdependence between China and its trading partners created a variety of problems and so raised many issues that require further study the future of Chinese economy, also studied the china’s success story by comparing FDI, real interest rate, exchange rates and Gross Domestic Product for different developing countries to drive their economies by means of following Chinese model.

The Slowdown in China’s Carbon Emissions Growth in the New Phase of Economic Development

Summary China’s CO2 emissions have plateaued under its commitment to reaching peak carbon emissions before 2030 in order to mitigate global climate change. This commitment is aligned with China’s turn toward more sustainable development, named “the new normal” phase. This study aims to explore the role of possible socioeconomic drivers of China’s CO2 emission changes by using structural decomposition analysis (SDA) for 2002–2017. The results show deceleration of China’s annual emissions growth from 10% (2002–2012) to 0.3% (2012–2017), which is mainly caused by gains in energy efficiency, deceleration of economic growth, and changes in consumption patterns. Gains in energy efficiency are the most important determinants, offsetting the increase by 49% during 2012–2017. The recent moderation of emission growth is also attributed to China’s decelerating annual growth rate of gross domestic product (GDP) per capita from 12% (2002–2012) to 6% (2012–2017) and to the economic transformation to consumption-led patterns in the new normal phase.

CHINA ATTEMPTS TO OVERCOME THE LIMITS OF GROWTH

The article analyzes the concept of “the limits to growth”, examines the main reasons for the slowdown in China's economic development in recent years. Special attention is paid to the problems of environmental pollution and lack of resources. Among the problems concerning environmental pollution there are both domestic problems such as air, water and soil pollution, and problems of an international scale. With regard to the problem of lack of resources, special attention is paid to China's dependence on imports of resources, which causes security problems due to the large number of exporting countries. Besides, the article describes the steps that China is taking to move to a new model of economic growth, in terms of institutional reforms, resource management and innovation in the field of green technologies, by taking the path of “green” sustainable development.

Impacts of Chinese economy and its global geopolitics: after the slowdown

This work present two main objectives: the first one, in addition to show the new centrality that Asia region represents today for the world economy, discusses the impacts of China's slowdown after 2013 for Asean countries and how the Chinese economy has been restructuring with its back to normal. The second objective indicates the main challenges that China faces today and analyzes whether China's expectations are maintained as a future systemic center in global geopolitics.

Impacts of Chinese economy and its global geopolitics: after the slowdown

This work present two main objectives: the first one, in addition to show the new centrality that Asia region represents today for the world economy, discusses the impacts of China's slowdown after 2013 for Asean countries and how the Chinese economy has been restructuring with its back to normal. The second objective indicates the main challenges that China faces today and analyzes whether China's expectations are maintained as a future systemic center in global geopolitics.

Impacts of Chinese economy and its global geopolitics: after the slowdown

This work present two main objectives: the first one, in addition to show the new centrality that Asia region represents today for the world economy, discusses the impacts of China's slowdown after 2013 for Asean countries and how the Chinese economy has been restructuring with its back to normal. The second objective indicates the main challenges that China faces today and analyzes whether China's expectations are maintained as a future systemic center in global geopolitics.