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China Q4 Growth Seen Quickening to 7%: Journal

CHINA PRESS
MNI (Sydney)

China's GDP may accelerate to 7% in Q4 after a forecast of 6% in Q3, the China Securities Journal reported citing Lian Ping, the chief economist at Zhixin Investment. Exports continue to beat expectations as investment and consumption rebound quickly supported by government policies, Lian said. This strong momentum for exports will last into Q4. Lian's Q3 forecast of 6% is more upbeat than most, the newspaper said, citing 5.2% projected by the China Center for Economic Research. The statistics authority is set to publish the data on Oct. 19.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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