World Bank revises China's 2007 growth prospects to 9.6%.
World Bank revises China's 2007 growth prospects to 9.6%. In its latest quarterly update released on Tuesday, the World Bank (WB) has revised its forecast for China's economic growth in 2007 from 9.3% to 9.6%, while leaving its projection for this year unchanged at 10.4%. The WB has warned that the country's large trade surplus could aggravate its economic imbalance. Meanwhile, China's central bank has placed economic growth at above 10% for this year. The projection was released yesterday in a policy report for the Q3/2006.