Backgrounder: Forecasts for China’s Economy in 2008
Source: Xin Hua 01/01/2008
A succession of forecasts for
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 |
10.5 |
4.5 |
- |
| The People’s Bank of |
10.8 |
- |
7-10 |
| China International Capital Corp. |
- |
4-4.5 |
10 |
|
|
10.8 |
3.5 |