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UPDATED: July 16, 2012 NO. 29 JULY 19, 2012
Staying on Target
Chinese economic growth is still within an acceptable range and is expected to pick up in the third quarter
By Lan Xinzhen
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Forecasting China's GDP Growth in 2012

- The prospects for a soft landing remain high, with growth expected at 8.2 percent in 2012 and 8.6 percent in 2013.

China Quarterly Update, World Bank (April 2012)

- China's economic growth will likely moderate to around 8 percent this year amid downward risks caused by the ongoing crisis in Europe. The revision (from 8.2 percent predicted by the IMF in April to 8 percent) is still a comfortable growth for China.

David Lipton, First Deputy Managing Director of the IMF (June 2012)

- China's GDP growth is forecast at 8.5 percent in 2012 and 8.7 percent in 2013. Inflation is forecast to decline to about 4 percent.

Asian Development Outlook 2012, Asian Development Bank (April 2012)

- China's GDP growth will still be 8 percent in 2012, lower than the average annual 10.5 percent in 2007-11.

Fitch Ratings (June 2012)

- The second quarter may be the bottom of economic growth and since the third quarter economic growth will recover to 8 percent and above, with possibility of a soft landing remaining high. GDP growth is expected to reach 8.2 percent in the third quarter of 2012.

Institute of International Finance, Bank of China (June 2012)

 

Email us at: lanxinzhen@bjreview.com

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