China's economic growth is expected to fall to 9.6% this year from 10.7% last year amid a mild slowdown in exports, the World Bank said today.
Export growth is likely to decline to 20% this year, from 24% in 2006, the World Bank said in its quarterly update on China.
'A resilient world economy means that export demand prospects remain good, although less buoyant than in 2006,' the report said.
The World Bank said productivity growth meant exporters would probably be able to continue absorbing the effect of a rising currency and the gradual lowering of export tax rebates.
Investment, a main engine of growth in the world's fourth largest economy in recent years, is unlikely to slow drastically in early 2007, while consumption should grow solidly, it said.
