Buy or Sell Cryptocurrency Stocks
Markets

Chinese GDP will continue to slow in 2016

So says the govt-backed think tank The Chinese Academy of Social Sciences ( CASS )

  • sees growth slowing to between 6.6-6.8%
  • Shanghai Comp Index to trade between 3200-4000 ( currently 3516)
  • China should keep "structurally loose" mon pol
  • China to achieve M2 growth of 12.6%
  • should expand fiscal deficit in 2016

Last year the think-tank projected 2015 growth of 7% then lowered it to 6.9%

No surprises here but China's slowdown remains a concern globally

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

CASS

Other Topics

ForEx

Latest Markets Videos