Forecasts for China's economy in 2008
Jan
12
Saturday, January 12, 2008
A succession of forecasts for China's economy in 2008 has been released by International financial institutions and major foreign and domestic banks in recent months.
The following is detailed figures of the predicted GDP growth, Consumer Price Index (CPI) and the appreciation of Renminbi this year.
|
|
GDP Growth |
CPI |
Appreciation of RMB against USD (%) |
|
World Bank |
10.8 |
- |
- |
|
International Monetary Fund |
10 |
- |
- |
|
Asian Development Bank |
10.5 |
3.8 |
- |
|
Goldman Sachs |
10.3 |
4.5 |
- |
|
Morgan Stanley (Steven Roach) |
8-9 |
- |
- |
|
JP Morgan Chase |
10.5 |
3.8 |
- |
|
Citibank |
- |
5 |
7.5 |
|
Standard Chartered Bank |
9.5 |
- |
7.5 |
|
Merrill Lynch |
10.9 |
- |
- |
|
UBS |
10.4 |
- |
- |
|
Bank of China |
10.5 |
4.5 |
- |
|
The People's Bank of China |
10.8 |
- |
7-10 |
|
China International Capital Corp. |
- |
4-4.5 |
10 |
|
State Information Center |
10.8 |
3.5 |
- |
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