Skip to main content

Construction props up activity, but headwinds remain

Our China Activity Proxy (CAP) suggests that growth edged up in December driven by strong construction activity. But with credit now growing at the slowest pace in more than a decade and the impact of the government’s property controls yet to be fully felt, activity will slow in the months ahead.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access