Iron Ore Market Report December 2011
2012-01-20 12:16:12 【Print】
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Lianping, chief economist of Centre for Financial Studies of Bank of Communication anticipated that Chinese GDP growth will be 8
. 5% in 2012, and the monthly growth will see fall first, but a rising trend in the future without hard landing . He added that global economy growth will slow down and Chinese demand also falls with export decreasing compared with that in 2011 since the debt crisis will not see fundamental changes in 2012 . The regulation of domestic real estate market will not loose and the development will be restricted due to difficulty in sales and short supply of funds, which will also limit the improvement of fixed investment . Therefore, Chinese economical growth will continue to be slow in 2012 .