Country Economic Forecasts - China
China’s economic growth picked up markedly in the first two months of 2018, reflecting stronger exports and resilient real estate activity. In light of only a modest change in how policymakers plan to balance growth with reform and deleveraging, we maintain our GDP growth forecast of 6.4% this year, after 6.9% in 2017. While data for the first two months of the year suggest some upside risks to our 2018 economic outlook, these are balanced by downside risks from trade friction with the US.
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