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Li Keqiang Index: China's Alternative Growth Barometer.

Mr Li went on to say that instead, he focused on just three data points – electricity consumption, rail cargo volume and bank lending – when evaluating his province’s economic progress. The Li Keqiang index is more relevant than official GDP for almost every commodity and currency that we tested. Here’s a snippet from the study they did on copper. The "Keqiang index" is also used by Haitong Securities released in 2013, suggesting decelerating China's economic growth since the beginning of 2013. (Link here) What they found was the the Li Keqiang Index does a much better job at cueing moves in industrial metals and other commodities than the official Chinese GDP number. And the index showed a much stronger rebound. I. Li Keqiang, 57, was appointed Chinese premier on March 15th, 2013, at a time when China has become the world's second largest economy. examines the pertinent economic issues of the day, providing a deeper dive into complex topics and framing the issues in a way that can lead to a better understanding of the financial and commodities markets. Building on that, The Economist magazine constructed a Li Keqiang Index. by Peter Cai Paul Krugman says all economic data is … The BBC's Linda Yueh explores what has become known as the 'Li Keqiang Index', an alternative measure of the country's economic growth based on electricity consumption, railway freight and lending. The latter achieves a peak correlation of only around 0.25, with a lag of 1-3 quarters. Activity of 380,000 concrete mixers, excavators and cranes provides ‘important support for macroeconomic analysis’, leader says after site visit. Chinese Premier Li Keqiang addresses the China-Malaysia High Level Economic Forum in Kuala Lumpur, Malaysia, Nov. 23, 2015. The 2016-17 rebound, however, may … The Li Keqiang index showed a much sharper slowdown in … The Li Keqiang index is more relevant than official GDP for almost every commodity and currency that we tested. The Li Keqiang index is more relevant than official GDP for almost every commodity and currency that we tested. The Li Keqiang index showed a much sharper slowdown in 2015 than official GDP.

And the index showed a much stronger rebound. A year ago, however, its higher correlation resumed. The most important point, however, is that copper prices demonstrate a much higher correlation to the Li Keqiang index (as much as +0.55, four quarters, or one year, later) than it does with China’s official GDP.
The 2016-17 rebound, … The most important point, however, is that copper prices demonstrate a much higher correlation to the Li Keqiang index (as much as +0.55, four quarters, or one year, later) than it does with China’s official GDP. The Li Keqiang index showed a much sharper slowdown in 2015 than official GDP. 12 Apr 2018; By Erik Norland Topics: Economic Events; Off The Charts! Electricity use, rail cargo volume and bank loans -- combined in a weighted average known as the Bloomberg Intelligence Li Keqiang Index -- are collectively at the highest level in three years. Chinese Premier Li Keqiang met the press at the Great Hall of the People after the conclusion of the third session of the 13th National People's Congress Thursday afternoon in Beijing. Teil: Diese Zahlen verraten, wie es wirklich um China steht 2.

The new index, which will have a greater focus on employment, personal income and environmental improvement, is an upgrade of the "Li Keqiang Index" that first surfaced in 2010. 1. And the index showed a much stronger rebound. The latter achieves a peak correlation of only around 0.25, with a … Li took questions from Chinese and foreign reporters via video link as Beijing continues to observe epidemic prevention and control measures due to the COVID-19 pandemic. Li Keqiang index or Keqiang index (Chinese: 克强指数) is an economic measurement index created by The Economist to measure China's economy using three indicators, as reportedly preferred by Li Keqiang, currently the Premier of the People's Republic of China, as better economic indicator than official numbers of GDP.. [Xinhua] What message has the "new Keqiang index… Li told the envoy that the GDP (gross domestic product) numbers were unreliable, and that he went by three real-sector indicators: Railway cargo volume, electricity consumption, and loans disbursed by banks. Nonetheless, the semi-official LKIs provided by these fine institutions looks very much like this: The Li Keqiang index showed a much sharper slowdown in 2015 than official GDP. Teil: 7-Prozent-Mann Li Keqiang als oberster Skeptiker der offiziellen Statistik 3. The Li Keqiang index is more relevant than official GDP for almost every commodity and currency that we tested.
Meanwhile, the MSCI China Index has gained 21% over the last 12 months, slightly outperforming the 19% return in the MSCI Emerging Markets Index in the period. The CME group wrote a fantastic article about this index that dives into its components, its history, and its uses.
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