Economy, Finance and Trade China: Heightened Capital Flight Is a Key Risk China Faces

China – The Key Driver of Global Business Services Over The Upcoming Decade

Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

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Thematic (Sector/Industry)

<p><strong>We have revised our GDP growth forecast for China upwards to 6.7% in 2016</strong> (from 6.4% in our August forecast). Several economic activity indicators, such as purchasing manager surveys and business profits, turned out better than expected earlier. Trump’s victory in the presidential election and the resulting global uncertainty shock has caused us to maintain the 2017 forecast almost unchanged at 6%, despite the otherwise improving domestic conditions.</p>

We have revised our GDP growth forecast for China upwards to 6.7% in 2016 (from 6.4% in our August forecast). Several economic activity indicators, such as purchasing manager surveys and business profits, turned out better than expected earlier. Trump’s victory in the presidential election and the resulting global uncertainty shock has caused us to maintain the 2017 forecast almost unchanged at 6%, despite the otherwise improving domestic conditions.

China Economic Outlook: Q4 2016