摘要
Growth Forecast The People's Bank of China, China's central bank, has projected its baseline forecast for 2016 economic growth at 6.8 percent, expecting the number of posi- tive factors to gradually increase despite downward pressure on the economy. The rate is slightly lower than the forecast of 6.9-percent expansion for 2015, according to a working paper by the bank, Citing overcapacity, profit deceleration, and rising non-performing loans as major drags on the economy,
Growth Forecast The People's Bank of China, China's central bank, has projected its baseline forecast for 2016 economic growth at 6.8 percent, expecting the number of posi- tive factors to gradually increase despite downward pressure on the economy. The rate is slightly lower than the forecast of 6.9-percent expansion for 2015, according to a working paper by the bank, Citing overcapacity, profit deceleration, and rising non-performing loans as major drags on the economy,