Daily Archives: 2016-06-10

China central bank forecasts 6.8% growth, the dollar rebounds

By Margaret Yang, CMC Markets Equities – The Chief Economist of China’s central bank forecasts that the economy will grow by 6.8% in 2016, higher than the 6.5% growth estimated by both the IMF and the Asian Development Bank. The optimism has probably come from expansionary fiscal policy adopted by the policymaker, and accelerated investment into the real estate and …

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