- 2012 forecast to 7.6% from 7.7%.
- 2013 forecast to 8.3% from 8.5 %
Impact of acceleration in policy easing since May appears to be moderate and is offset by the continuous weakness in manufacturing and exports sector in the near term . Sluggish external environment will continue to put stress on China’s export sector .
Further information on the upcoming Chinese trade numbers from Reuters .
AUD/USD trading lower at 1.0360/63
