Much of the difference in views for 2024 depends on whether you see the historical antecedents of recession as having broken down in this cycle. A deep recession appears unlikely for now.
WASHINGTON (AP) — The International Monetary Fund is downgrading its outlook for the world economy for 2023, citing a long list of threats that include Russia’s war against Ukraine, chronic inflation pressures, punishing interest rates and the lingerin
Maasdorp expects robust growth of the Chinese economy driven by consumption in the second half of this year, despite a possible "bumpy period" in the first two quarters. DAVOS, Switzerland, Jan. 17 (Xinhua) -- The Chinese economy is heading for strong growth in 2023, Vice President of the...
DAVOS, Switzerland, Jan. 17 (Xinhua) -- The Chinese economy is heading for strong growth in 2023, Vice President of the New Development Bank (NDB) Leslie Maasdorp said at the ongoing World Economic Forum (WEF) in Davos, Switzerland on Tuesday. Maasdorp said in an interview with Xinhua that...
MID-YEAR OUTLOOK | 2024A strong economy in a fragile world Companies have shrugged off higher rates. Yes, geopolitical risk is real. But the economy is stronger than you think. AI is just starting. Stocks could move higher. Embrace the rally. ...
WASHINGTON (AP) — The International Monetary Fund has upgraded its outlook for the global economy this year, saying the world appears headed for a “soft landing” — reining in inflation without much economic pain and producing steady if modest growth.
The China Council for the Promotion of International Trade revealed that over 99 percent of surveyed foreign firms are confident about China's economic outlook in 2023 -- and 98.7 percent said they would maintain and expand their investment in China. "All fundamentals are in place" in China fo...
6. Inflation Outlook: Global headline inflation is expected to fall from 8.7% in 2022 to 6.8% in 2023 and further to 5.2% in 2024 [[2]](https://www.imf.org/en/Publications/WEO). However, underlying (core) inflation is projected to decline more gradually, and forecasts for inflation in...
The outlook for the global economy is growing slightly brighter after China optimized its COVID response, the Associated Press said in a recent report. The world's second largest economy will be back in force from mid-2023, the Wall Street Journal has reported, citing Morgan Stanley. China's...
When asked about China's economic outlook in 2023, Kang said the economy is bound to recover as the fundamentals of the Chinese economy -- its strong resilience, enormous potential, great vitality and long-term sustainability -- remained unchanged. ...