QuoteOriginally posted by: list1QuoteOriginally posted by: daveangelthey have to measure it in something. China represents around 13% of global GDP. I think China is still expected to grow by 7% in 2016 so that would contribute around 0.9% to global GDP growth.If they calculate in usd then forcast looks doubtful, if it is calculated in yuans then growth might be higher, if calculations take place in index like SDRs units with new comer yuan it might be true. Hence forecast calculations pretty much subjective by using basis unit scaling.i think they use a PPP exchange rate... if your point is that the Yuan is going to depreciate significantly.
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