Stronger-than-expected data in November, mainly industrial production growth, suggest that the economic growth momentum remained stable. We maintain our forecast of GDP growth at 6.6 percent in the fourth quarter. Zhao Yang, chief China economist at No mu ra Securities Concerns for the nation’s nearterm economic outlook are limited. We expect a soft landing in economic growth, and the impact from cooling measures in the property sector will be balanced by fiscal stimulus measures.
Robin Xing, chief China economist at Morgan Stanley China needs to accelerate financial reforms and use innovation to extend substantial financial support to the real economy.
Zong Liang, deputy director of the Institute of International Finance at Bank of China A long-term mechanism for the healthy development of China’s real estate market that looks at supply, demand, finance and taxes is essential. James Macdonald, headof S av ills China Research