China’s GDP growth is expected to slow modestly next year to 7.1 percent, but employment and inflation will remain stable, according to a central bank working paper. “Real GDP growth will decelerate slightly to 7.1 percent in 2015, reflecting partly the slowdown in real estate investment,” said a working paper written by a group of economists of the People’s Bank of China (PBOC). China’s GDP growth for 2014 is estimated at 7.4 percent, according to the research group led by Ma Jun, chief economist of the PBOC’s research bureau. Inflation will be 2.2 percent next year, slightly higher than this year’s estimated reading of 2.0 percent, said the paper posted on the PBOC’s website. China will see an easing fixed asset investment growth, stronger retail sales and faster export and import growth next year, said the paper. According to their research, fixed asset investment […]