- China’s economy may slow to 7.1% in 2015 from an expected 7.4% this year as a sagging property sector weighs on the world’s second-largest economy, researchers from the nation’s central bank said.
- Stronger global demand could boost exports, but not by enough to counteract the impact from weakening property investment.
- China’s economic growth came in at 7.3% in Q3, the slowest pace in five years. Economists have recommended that China lower its growth target to around 7% in 2015.
- The central bank report also forecast an acceleration of exports to 6.9% growth in 2015 from about 6.1% this year. Imports could expand 5.1% next year from this year's 1.9%.
- ETFs: FXI, EWH, KWEB, PGJ, YINN, GXC, FXP, ASHR, HAO, TAO, YANG, CHIQ, CQQQ, CHIX, MCHI, QQQC, PEK, XPP, YAO, YXI, CHXF, ECNS, FCA, CHII, CN, CHIE, CHIM, EWHS, FCHI, ASHS, KFYP, CNXT, CHNA, KBA, FHK