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And guide the devaluation, but this may induce capital outflows, to bring greater pressure to devalue the yuan. On the other hand, if you keep the overvalued exchange rate, the central bank must intervene to cope with capital outflows, selling foreign currency, resulting in a passive tightening of domestic liquidity through the foreign exchange market, which in turn requires monetary policy to offset the foreign exchange sterilization operations dropped tightening effect. Author of the report, Chinese Academy of Social Sciences researcher Wang FINANCE Strategic red horse called high degree of vigilance required external shocks in international financial markets and financial stability of the Chinese economy, a front of the objective laws of economic slowdown, more prominent defensive macroeconomic policy, will risk prevention and effective combination of steady growth, firmly hold the bottom line of regional and systemic risk does not occur. Wang Hung-ju to Beijing News, told reporters that the so-called defensive macroeconomic policy, not only to guard against financial risks, stabilize the currency and stock markets, but also against deflation, will ensure prices pioneered reforms to, and increase investment in education, innovation support efforts to prevent TFP decline. Those forecasts for GDP of 7.2% CAS: January 23, 2015, Chinese Academy of Sciences released '2015 China Economic Forecast and Outlook' report, predicted that the annual GDP growth rate of 7.2%. 7.1% Bank: In early July 2015, the World Bank released the Chinese economy briefing predicted that by 2015 China's economic growth is projected at 7.1%. 7% Bank of China: September 23, 2015, the International Institute of Finance, the Bank of China issued the 'fourth quarter of 2015, the economic and financial outlook,' forecast full-year GDP growth rate of 7%. 7% of Chinese Academy of Social Sciences: September 28, 2015, Chinese Academy of Social Sciences Institute of Finance and Economics Strategy released third-quarter economic situation analysis report forecast that the annual GDP growth of around 7%. 6.8% IMF: 2015 In mid-August, IMF released on China's annual economic assessment reports: in 2015 real GDP growth was 6.8%. Lizheng Qin â–\xA0 The United States received more gifts donated extension Xi Jinping visited the United States. 27, Xi Jinping on behalf of China to the United Nations presented a 'peace statue.' National leaders accepting gifts from foreigners pay attention to what? He has received a total period Ferghana BMW September 23, Xi Jinping visit in Seattle