The World Bank published its latest China Economic Update on Thursday, revising its forecast for China's 2024 economic growth upward to 4.9 percent, a 0.1 percentage point increase from its June prediction.
Even at 3% to 4%, the pace of China's growth remains faster than that of developed economies. The IMF in October forecast U.S. real GDP would slow to 1.5% growth in 2024, down from 2.1% in 2023. The fund is set to release an update to its global predictions on...
Looking forward, Xing said he anticipates China's second-quarter GDP to accelerate to over 5.5 percent year-on-year on a low base. 展望未来,邢自强表示,预计中国第二季度GDP同比增长将超过5.5%。 Morgan Stanley has recently...
A Reuters poll that was completed before the first quarter GDP data had forecast China’s 2024 growth at 4.6%, but many economists have upgraded their projections since the release of the stronger numbers. In a note to clients on Monday, BNP Paribas said it expected China to hit its 5% gr...
The World Bank raised its prediction on China's GDP growth rate by 0.3 percentage points to 4.8 percent for 2024 in its latest China Economic Update released on Friday. The bank said the upward revision of 0.3 percentage points from its...
Morgan Stanley has revised China's 2024 real gross domestic product forecast from 4.2 percent to 4.8 percent. Goldman Sachs raised its forecast for China's growth this year to 5 percent from the 4.8 percent earlier expected, and it also revised China's first-quarter GDP growth forecast from ...
The World Bank raised its prediction of China's GDP growth rate by 0.3 percentage points to 4.8 percent for 2024 in its latest China Economic Update released on Friday. The bank said the upward revision of 0.3 percentage points from its December 2023 China Economic Update reflected the country...
BEIJING — The International Monetary Fund on Tuesday raised its China growth forecast to 5.4% for 2023, while warning that real estate struggles remain. The IMF cited better-than-expected third-quarter growth and Beijing's recent policy announcements. ...
IMF upgrades China GDP forecastThe International Monetary Fund (IMF) has upgraded its 2023 GDP growth forecast for China to 5.4% from 5% previously, in view of recently introduced government measures aimed at strengthening the world's second biggest economy.ICIS Chemical Business group...
Based on preliminary calculations, the value of GDP in the three months totaled 29.6 trillion yuan, up 1.6% from the last quarter of 2023, said Sheng Laiyun, the deputy director of the agency, at a press conference held by the State Council’s Information Office. ...