More detail now via Reuters on the stories in the China press earlier:
- China press: China should consider a one-off devaluation to the yuan
- China Securities News: Economy expected to grow about 6.5% in 2017
The forecasting department at State Information Center said momentum from new technology would continue to stimulate economic growth but could not stop the broader slowing trend
- Industrial output could grow 5.9 percent this year, down from an estimated 6.1 percent in 2016
- And also, authorities should increase the role of the market in formation of the yuan exchange rate, increase the currency's flexibility "and even conduct a one-off devaluation of the renminbi, and thereby maintain renminbi stability at a balanced level"
