Bank of China, one of the four biggest state-owned commercial banks in China, is out with its latest projections on China’s growth and inflation outlook.
Sees Chinese Q3 GDP at 6.0%.
Sees 2019 GDP at 6.2%.
Domestic economy to stabilize during Q4.
Chinese CPI could exceed 3% during some months of Q4.
The above forecasts have little to no impact on the Yuan.
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