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PBOC sees China GDP at 6.8% in 2016

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - The People’s Bank of China’s (PBOC) working paper showed the central banks sees the economy expanding 6.8% in 2016.

    The paper says, “2016 GDP growth to remain stable in a reasonable range and the impact of fiscal and monetary policy will be seen in 5-9 months.”

    Key forecasts

    2016 baseline CPI forecast +1.7%

    Imports to rise 2.3%

    Exports to rise 3.1%

    Fixed asset investment to rise 10.8%
    For more information, read our latest forex news.
     

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