BOFIT Forecast for China 2011-2013

Chinese economic growth has slowed slightly in the current year, owing to the tightening of monetary policy to curb inflation. Growth will however remain robust. In 2011, China's GDP should grow by 9% and in 2012-2013 by some 8% pa. The worsening economic situation in Europe and the United States poses a risk also for China. The problems in China's financial sector may escalate if economic growth in China slows significantly.