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The China Communist Party: growth target - UOB

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Guatemala) - Analysts at UOB Group explained that The China Communist Party 18th Central Committee’s 5th plenum will take place from Monday through to Thursday (26 to 29 Oct).

    Key Quotes:

    "With one of the tasks to hash out the 13th 5-year plan, for 2016-2020. Growth target for China is likely to be lowered, possibly to 6.5-7% range, instead of the 7% target currently, and the possibility of setting the capital account convertibility target by 2020."
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