China's GDP growth is seen 6.6% y/y this......>

CHINA: China's GDP growth is seen 6.6% y/y this year, while growth in 2019 is

expected to slow to around 6.5%, Bank of China said in an outlook report

published Wednesday.

- China' economy is in a critical period of "great adjustment", where different

industries and regions, the real economy and finance are undergoing major change

and integration. This period will last for another three to five years, BOC say,

and policymakers should stay alert to external headwinds, such as the trade

dispute and a slowing global economy. The combined effect of domestic trouble

along with external shocks could lead to a sharp fall in growth, the report

says.