China would see GDP up 9.5 percent, CPI up 5.3 percent
Post Date: 01 Jul 2011 Viewed: 507
China‘s economy slowing down and inflation are both under control, the State Information Center (SIC) wrote in a report issued exclusively in China Securities Journal today.
SIC anticipated that the GDP of China may see 9.5 percent while the CPI might rise 5.3 percent in the first half of this year. They both would tend to decline in the second half.
The CPI has little possibility to set new highs in the second half of year, it may retreat to 4.5-5.5 percent, SIC said in the report. If there were no double dip for the world economy, China would have not any possibility see a hard landing.