China Press: Expect the economy to grow around 6.5% in 2017

China Securities News carried an article from researchers at the State Information Centre this Tuesday, shedding light on the Chinese growth outlook.

Key Headlines:

Expect the economy to grow around 6.5%

Expect exports lower by 3%

Inflation around 2% (CPI)

China expands currency basket to 24

The People’s Bank of China (PBOC) has expanded the currency basket against which it measures the Yuan to 24 from 13. The additions include Korean Won
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China Caixin Manufacturing PMI came in at 51.9, above expectations (50.7) in December

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