China Outlook 2016 | KPMG | MY

China Outlook 2016

China Outlook 2016

KPMG's report - China Outlook 2016 finds that china's inward and outward investment patterns are reflective of the country's economic restructuring...


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Business environment

In China Outlook 2015 – a flagship publication by KPMG’s Global China Practice(GCP) which was released last January – it was predicted that in light of theheadwinds facing China’s economy, its GDP growth was “likely to slow downfurther in 2015, but not dramatically”. During the Third Session of the 12th NationalPeople’s Congress (NPC) a few months later, Chinese authorities lowered theofficial GDP target from 7.5 percent to “about” 7.0 percent.

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