The China Communist Party: growth target – UOB

FXStreet (Guatemala) – Analysts at UOB Group explained that The China Communist Party 18th Central Committee’s 5th plenum will take place from Monday through to Thursday (26 to 29 Oct).

Key Quotes:

“With one of the tasks to hash out the 13th 5-year plan, for 2016-2020. Growth target for China is likely to be lowered, possibly to 6.5-7% range, instead of the 7% target currently, and the possibility of setting the capital account convertibility target by 2020.”

Analysts at UOB Group explained that The China Communist Party 18th Central Committee’s 5th plenum will take place from Monday through to Thursday (26 to 29 Oct).

(Market News Provided by FXstreet)