IDEAS home Printed from
   My bibliography  Save this paper

Spillovers to Asia-Pacific economies from recent economic developments in China


  • Shuvojit Banerjee

    () (Macroeconomic Policy and Financing for Development Division, ESCAP)


Two significant events in China in the past year have had large spillovers for the region’s economies — the gradual economic growth moderation and movements in its currency. Economic growth in China is forecast to be around 6.5% for 2016 and 6.3% for 2017, continuing the growth moderation from an estimated increase to 6.9% in 2015. Moderating growth in China is being driven partly by a much-needed rebalancing to sustain growth in the medium term, away from investment and net exports and towards consumption, as well as away from manufacturing and towards services. The impact of the growth moderation in China on the region has come largely through weaker trade prospects and declining commodity prices. Key among sectors of domestic investment in China that are expected to assume a lesser role in coming years are real estate investment and infrastructure spending in the more developed parts of the country.

Suggested Citation

  • Shuvojit Banerjee, 2016. "Spillovers to Asia-Pacific economies from recent economic developments in China," MPDD Policy Briefs PB39, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
  • Handle: RePEc:unt:pbmpdd:pb39

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unt:pbmpdd:pb39. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Macroeconomic Policy and Development Division, ESCAP). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.