The World Bank on Wednesday urged China's government to take more measures to cool its economy and head off inflation, as the bank expects the country's economic growth to accelerate to 9.5% this year.
In its quarterly report on China's economy, the World Bank raised its forecast for China's growth this year from the 8.7% increase the bank projected in November and suggested Beijing use interest rate rises and a stronger yuan to avoid inflation and the formation of asset bubbles in the domestic property market.
Beijing has been gradually exiting the stimulus measures put in place during the financial.
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