Comments by IMF on China's economy
- GDP growth to moderate gradually to about 5.5% by 2023
- China's credit growth remains too fast
- Monetary policy should continue to become more price-based
- Exchange rate should continue to become more flexible
- Allowing market forces a more decisive role, deepening opening up, modernising policy frameworks would aid China in achieving higher quality growth
- Ongoing frictions between US and China pose downside risks
Well, China's premier Li is forecasting a 6.5% growth for the Chinese economy this year. But I guess they'll take 6.6% if possible too.
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