International Investment Bank Foreseen China's GDP Growth Rate Will Go Below 6%
ANBOUND
According to the report from Nomura Securities, the real estate bubbles has started to burst and China's economic growth will decline. The report stated that China’s GDP growth rate would be lower than 6% this year. ANBOUND think tank scholars believe that China’s economic growth will decline in the long run with the rate of 7%, 6% and 5% accordingly. However, ANBOUND has different from the foreign investment banks, we believe that it is mainly due to the future adjustment of the Chinese economic structure and China will be heading towards consumption society in the 30 next years that will pull down the economic growth rate.