PBOC: China faces challenges from slowing economic drivers incl property, infra and export

<p>China's economy is still in the stage of medium-speed growth of about 5%, and there may be the potential for it continue to grow at this rate for another five to 10 years, a Chinese central bank official said on Wednesday.</p><p><a href="https://piqsuite.com/reuters/chinas-economy-still-in-medium-speed-growth-stage-cenbank-advisor" target="_blank" rel="nofollow">FULL STORY</a></p><ul><li>CHINA FACES CHALLENGES FROM SLOWING ECONOMIC DRIVES INCLUDING PROPERTY, INFRASTRUCTURE AND EXPORT</li><li>CHINA IS STILL IN THE STAGE OF MEDIUM-SPEED GROWTH OF ABOUT 5%</li><li>THERE MAY STILL BE 5-10 YEARS OF MEDIUM-SPEED GROWTH POTENTIAL</li><li>CHINA'S CURRENT MACRO POLICY FOCUSES ON PLAYING THE ROLE OF SHORT-TERM STABILITY AND BALANCE</li><li>ECONOMIC GROWTH NEEDS TO BE DRIVEN BY STRUCTURAL POTENTIAL</li><li>CHINA NEEDS TO CONTINUE TO MAINTAIN A RELATIVELY LOOSE MONETARY AND FISCAL POLICY</li></ul>

This article was written by Ryan Paisey at www.forexlive.com.