World Bank raises China 2018 growth forecast to 6.5% from 6.4%

The World Bank releases its updated growth forecasts for East Asia and Pacific

  • Raises 2018 growth forecast for developing East Asia and Pacific to 6.3% from 6.2%
  • Region's economies may need to adopt tighter monetary policy & larger fiscal buffers
  • This is to guard against short-term risks

Well, if in doubt always adjust your forecasts accordingly to what the higher-ups in China are "forecasting".

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