International Monetary Fund expects the Chinese economy to expand 6.8% this year

Market news

17 August 2015

International Monetary Fund expects the Chinese economy to expand 6.8% this year

The International Monetary Fund (IMF) said on Friday that it expects the Chinese economy to expand 6.8% this year and 6.3% in 2016.

"China is transitioning to a new normal, with slower yet safer and more sustainable growth," the IMF noted.

China's economy grew 7.4% last year.

The IMF pointed out that China should prepare for slower growth in the medium term.

European Central Bank Executive Board Member Benoît Coeuré: the central bank could add further stimulus measures if there was a fundamental change in the economic situation

Number of active U.S. rigs rises by 2 rigs to 672 last week

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.