Comments from Wang Tao, a Hong Kong-based economist at UBS
These via Bloomberg
- Forecasts China GDOP to grow 6.5 to 6.6% in Q4 2016
- 6.3% in 2017
- Sees the yuan to 6.8 this year and to 7.2 in 2017
- Says Capital outflow pressure to remain large
- No room for PBOC to cut RRR or interest rates by year end