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Think tank forecasts Q1 growth at 6.7%

China's economic growth will remain subdued in the first quarter of 2016, expanding by around 6.7 percent before gradually stabilizing in the second quarter, a government think tank forecast on Monday. The predicted growth would be a further slowdown from the 6.8 percent expansion seen in the previous quarter, due to slower industrial production and investments, and weak consumption and exports, according to a report released by the National Academy of Economic Strategy. The institution expects consumer prices to grow by around 2.2 percent in the first three months.