Jinyue Dong
Jinyue Dong
Senior Economist

Dr. Dong started to take the position in BBVA Research Asia in 2014. Her main research coverage is Chinese economy. In particular, she is in charge of the projections of key macro indicators of China based on the forecasting models, regular research publications including comments on important data release and the authorities’ policy moves as well as thematic reports in various topics on Chinese economy; moreover, she also takes responsibilities of research related inquiries from both outbound clients and internal ones.

Previous to this position in BBVA, Dr. Dong has worked in Hong Kong Monetary Authority, Asian Development Bank and National Development and Reform Commission of China.

She obtained PhD in Economics at City University of Hong Kong, Master of Economics at The University of Hong Kong and Bachelor in Economics from University of International Business and Economics in Beijing. She has published in various academic journals such as Journal of International Money and Finance etc. She is also the author working papers of Bank for International Settlements, Hong Kong Institute of Monetary Research and Asian Development Bank.

Latest publications

Chinese economic growth has slightly recovered in the last quarter of 2019, although it continued its medium-to-long-term slowdown trend amid unsettled trade war and domestic structural obstacles. The 2019 whole year GDP growth reached 6.1%, the lowest growth rate for the past three decades.
China’s central bank announced the elimination of its previous benchmark lending rate as monetary policy rate. Moreover, they made a market-driven Loan Prime Rate (LPR) as the reference rate for banks to price their financial products. It signals the transformation of “dual-track” system to the new “single-track” system.
The Q3 GDP growth slowed to 6% y/y, the lowest growth rate for the past three decades. The prospect of China’s economy hinges on the development of trade talks with the US at the current stage. The two sides recently tried to pursue a partial agreement first and leave the thorny part of negotiation to the next phases.