国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Top News

Morgan Stanley forecasts 8.2% China economic growth

(Xinhua) Updated: 2013-05-13 20:54

HONG KONG - China's economic growth in 2013 is expected to reach 8.2 percent, while the achievement of the target involving a higher probability to tip the risk towards bear case than before, an economist of Morgan Stanley said Monday.

As for one of the most important unanswered questions for 2013 in many people's mind which is, whether China's growth recovery this year is sustainable or not, Helen Qiao, chief economist of Greater China of Morgan Stanley, held a view that so far statistics showed that the economy is in a mild recovery.

"For the first half of the year, we are expecting twilight... but going through the second half, we are expecting better growth under very supportive monetary policy easing," she said.

Qiao expressed her surprise on the first quarter GDP growth of 2013, which is 7.7 percent year on year, slowing from 7.9 percent year on year in the fourth quarter last year, although this number is still higher than the 7.5 percent annul target set by Chinese government for 2013.

"In sequential terms, it was actually very low. According to the National Bureau of Statistics, the number was actually as low as 6.4 percent in quarter on quarter seasonally adjusted. That was 2.4 percent lower than the fourth quarter in 2012," Qiao said.

Qiao noted that the numbers suggested that China's economic recovery is still in its preliminary stage. Therefore, April will be a very crucial month to be observed to look at how strong the growth recovery has become.

Qiao said that Morgan Stanley holds the GDP growth of 2013 of 8.2 percent for China, although there are downside risks to this forecast, with a higher probability to tip the risk towards the bear case than before.

Nevertheless, Qiao said she still believed that with a time lag of approximately three months, the credit expansion in the first quarter will help growth rebound in the second quarter.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
迭部县| 格尔木市| 石台县| 桐庐县| 环江| 潮州市| 淮北市| 东乌| 资兴市| 盘锦市| 涪陵区| 昌图县| 老河口市| 晋州市| 茌平县| 兴仁县| 吉林市| 资兴市| 泽普县| 海门市| 东兰县| 深水埗区| 淄博市| 平塘县| 延边| 大石桥市| 淄博市| 射洪县| 久治县| 陈巴尔虎旗| 银川市| 壶关县| 霍山县| 茂名市| 安龙县| 永登县| 清原| 罗城| 阜平县| 赞皇县| 山西省|