IMF out with their view on China

  • Expects GDP of 6.25% in 2016
  • Sees Chinese inflation of 1.5% for 2015
  • Labour market still supporting consumption
  • Still faces risks from unsustainable credit investment growth
  • Should reduce credit and investment vulnerabilities if 2015 GDP can exceed 7.0%
  • Should ease fiscal policy if GDP falls below 6.5%
  • Fiscal policy best tool for China to achieve economic targets
  • Yuan is no longer undervalued
  • Should aim to achieve an effective floating exchange rate within 2-3 years

Anyone else want to pop up on the wires before I've had a sip of my tea? :-D