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UBS Wealth Management: China GDP target set at 6.6% in 2018

UBS Wealth Management expects China’s GDP to grow 6.6% in 2018, driven by a cooling property market, slowing infrastructure investments and continuous deleveraging. The number is not far from the National People’s Congress (NPC) target of 6.5%. NPC targets vs UBS WM targets The NPC’s CPI target remained unchanged at 3% compared to UBS’s 2.7% forecast, up from last year’s 1.6%….

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