China Economic Outlook. The Second Quarter of 2016

Summary

Green shoots emerged in Q1 after the financial tension at the beginning of this year, due to both the authorities’ stepped-up stimulus efforts and Fed’s dovish stance of monetary policy normalisation. Thus, we slightly revise up our 2016 full-year projection to 6.4% from 6.2% previously. Downside risks still hover around while pro-growth policy stance is set to maintain.

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