and higher interest rates in the global economy. Deutsche Bank Securities Inc. Courtesy of Deutsche Bank Asia Ph.D. economist's Zhiwei Zhang and Yi Xiang, the following outlook offers investors analysis of China's key themes in 2019 Excerpts in blue are directly from their outlook originally publis

ate in 2019 as current account surplus will likely shrink further. iicator forecasts, China Zhisvei Zhang. Ph.D. Chief Economist ♦852.2203 8308 Yi Xiang, Ph.D. Economist 4.852.2203 6139 Real GDP, yoy% CPI, yoy% period avg. M2, yoy% Fixed asset inv Retail sales. Indust prod, eop nominal, yoy