China real 2015 GDP growth expected at 6.9%

Author: Mike Paterson | Category: Central Banks

So says a PBOC working paper just released

  • 2016 expected 6.8%
  • 2016 baseline CPI forecast +1.7%
  • 2016 GDP growth to remain stable in reasonable range
  • economy still faces downward pressure
  • 2016 property and land sales to recover
  • 2016 fixed asset investment to rise 10.8%
  • imports to rise 2.3% vs 2015
  • exports to rise 3.1% vs 2015
  • new infrastructure investment projects will help stabilise investment growth
  • biggest impact of fiscal and mon pol will be seen in 5-9 months

We'll see how close they get in due course

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