The Word Bank has revised up its forecast for China's economic growth this year and next from its October estimates, expecting the world's second-largest economy to grow by 5.2 percent in 2023 and 4.5 percent in 2024. In its China Economic Update published on Thursday, the World Bank made...
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In its China Economic Update on Wednesday, the World Bank maintained its China growth forecast at 5.6 percent in 2023, led by a rebound in consumer demand. It noted that capital spending on infrastructure and manufacturing is expected to remain resilient. Earlier this week, the Organization of t...
In its China Economic Update on Wednesday, the World Bank maintained its China growth forecast at 5.6 percent in 2023, led by a rebound in consumer demand. It noted that capital spending on infrastructure and manufacturing is expected to remain resilient. Earlier this week, the Organization of t...
In its China Economic Update on Wednesday, the World Bank maintained its China growth forecast at 5.6 percent in 2023, led by a rebound in consumer demand. It noted that capital spending on infrastructure and manufacturing is expected to remain resilient.Earlier this week, the Organization of ...
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...
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 consumption and strong exports in the ...
China Releases New Economic Data Ahead of the Two Sessions in March China’s 2023 GDP growth was above 5 percent, surpassing the official target. Given that China’s economic performance in 2022 was lackluster, China will ...
The World Bank on Sunday projected a 5.1 percent growth for the Chinese economy in 2023, according to its newly released East Asia and Pacific Economic Update. "China has remarkable strengths," Aaditya Mattoo, chief economist for the World Bank's East Asia and Pacific, told a press briefing...
China's economic growth continues to moderate, in 2014 gross domestic product (GDP) expanded by 7.4 percent, within the government's indicative growth target of about 7.5 percent for the year, but sharply slower than the 10 percent annual growth rate china averaged for three consecutive decades....