According to Julian Evans-Pritchard, head of China economics at Capital Economics, China's latest "exceptionally strong" data confirmed a "very rapid rebound" in economic activity. Given the quick turnaround, the expert believes his firm's 5.5 percent growth forecast for China this year may be...
These two methods have been employed to forecast China’s economic growth between 2020-2035. In terms of the HP filter method, this paper first filters change in the real output of China’s economy since reform and ope...
WASHINGTON, July 16 (Xinhua) -- The International Monetary Fund (IMF) on Tuesday revised China's 2024 economic growth up to 5 percent in an update to its World Economic Outlook (WEO), from the 4.6-percent forecast in April. The revision is primarily attributed to a rebound in private cons...
Fitch Ratings said on Wednesday it has revised its forecast for China's economic growth in 2023 to 5 percent, up from 4.1 percent previously. The forecast upgrade shows that consumption and activity are recovering faster than the credit...
Weforecastgrowth of China’s economy to pick up to 4.8% YoY in 2023, up from 3.1%in 2022 on the back of low base effect and supportive policies. We expect thePBoC to lower policy rates, i.e. MLF rates, by 10 bps in the first half of2023.CPI inflation will remain benign and we ...
WASHINGTON, July 16 (Xinhua) -- The International Monetary Fund (IMF) on Tuesday revised China's 2024 economic growth up to 5 percent in an update to its World Economic Outlook (WEO), from the 4.6-percent forecast in April. The revision is primarily attributed to a rebound in private cons...
Fitch Ratings said on Wednesday it has revised its forecast for China's economic growth in 2023 to 5 percent, up from 4.1 percent previously.The forecast upgrade shows that consumption and activity are recovering faster than the credit rating agency initially anticipated after the Chinese ...
The 2023 growth forecast for the world’s second-biggest economy was revised up from the IMF’s previous estimate of 4.4%. “The [zero-COVID] measures have served China very well in terms of protecting their population during the difficult times of the pandem...
Meanwhile, the provinces have announced their GDP growth targets for 2024, indicating a more moderate approach compared to the previous year – which partially fell short of expectations. In this article, we analyze the economic data for 2023 at the local level and forecast how the pro...
Chinese stocks ended down Wednesday despite forecast-beating economic growth data. The benchmark Shanghai Composite shed 0.8 percent and the Shenzhen Component fell 1.2 percent. Hong Kong’s Hang Seng index dipped 0.2 percent while the TECH index dropped 1.7 percent. A股港股收跌:周三A股三大指数今日...