China’s Premier Li: I See Growth of 7% in 2015

China’s economy is expected to grow at 7.0 percent this year, Chinese Premier Li Keqiang said on Monday.

Speaking at the headquarters of the United Nations’ Latin American arm ECLAC in Chilean capital Santiago, Li said that data in April and May data showed the Chinese economy had maintained momentum.

Economists expect China’s economy to expand 7.0 percent this years, which would be the slowest rate in 25 years.  Li has been visiting a number of countries in South America, overseeing a series of deals to boost China’s trade and investment in the region.

Reuters

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.