CHINA TOPIX

China’s Central Bank Predicts 6.8 Percent Growth Rate for 2016

Girish Shetti   |

Jun 10, 2016 08:06 AM EDT

The People's Bank of China is sticking to its earlier predicted growth rate of 6.8 percent despite a host of challenges confronting the Chinese economy. The central bank's growth rate is higher than the 6.5 percent projected by International Monetary Fund (IMF) and the Asian Development Bank (ADB).