Song Guoqing, an academic advisor to the People’s Bank of China (PBOC)’s monetary policy committee said on Saturday that China’s economic growth may be as high as 7.3% this year, partly due to falling commodity prices – these presented “a large bonus” for the economy.

Xinhua said Song’s views were echoed by Ma Jun, chief economist at the bank’s research bureau

This compares with …

  • The central bank had said in a report seen by Reuters in mid-December China’s economic growth could slow to 7.1 percent in 2015 from an expected 7.4 percent last year.

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