PBOC Ex-Official Says China to Hit at Least 6% Growth in 2020
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China’s economy will likely grow at 6.1% this year, and it won’t drop below 6% in 2020, according to a former central bank adviser.
“Whether China will maintain 6% growth is not a valid question anymore,” Sheng Songcheng, a former director of the People’s Bank of China’s statistics and analysis department, wrote in an article in local media. “The Chinese economy has bottomed out.”