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China's economy forecast to pick up in H2 2015
Published Wed, Jun 10, 2015 · 09:50 PM
Beijing
ECONOMISTS at China's central bank have sharply lowered their 2015 inflation forecast even as they predicted that stabilising Chinese home prices and firmer foreign demand will drive a pick-up in the world's second-biggest economy in the next six months.
In a report on the central bank's website on Tuesday, economists at the People's Bank of China (PBOC) said that they had cut their 2015 inflation forecast for China to 1.4 …
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