Brokerages Increase China GDP Growth Projections for 2024

Reported about 1 month ago

Following a slower than expected economic growth of 4.6% in the third quarter of 2023, Chinese authorities have intensified policy measures to boost the economy. Brokerages have updated their forecasts for China's GDP growth in 2024, with J.P. Morgan and UBS predicting 4.8%, and Nomura at 4.7%, reflecting cautious optimism amid ongoing challenges in the property sector.

Source: YAHOO

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