China's state planning (NDRC) chairman on the wires

Pass the buck time again.

  • global economy still growing at low speed
  • China's urbanization to spur consumption, investment
  • China to moderately expand aggregate demand
  • Chins economy facing increasing downward pressure
  • 2015GDP of 6.9% is in expectation of this

See? They really can make data numbers up in advance.

  • 2016 GDP target 6.5-7%
  • China will maintain economic growth in reasonable range.

Latest comments out from China - Caution advised