Goldman Sachs lifts China 2024 growth forecast to 5.0%

by Aurelia Butler 10 April 2024, 12:51 99 Views

BEIJING (Reuters) – Goldman Sachs has raised its forecast for China’s year-on-year economic growth this year to 5.0% from 4.8% in November last year, the investment bank said in a note on Wednesday.

It also raised the first-quarter gross domestic product (GDP) growth forecast for the world’s second-biggest economy to 5.0% from 4.5% thanks to manufacturing strength, according to the note.

Source: Economy - investing.com

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Goldman Sachs lifts China 2024 growth forecast to 5.0%

Britons cut saving and investing as inflation bites, FCA survey finds

Markets slash rate cut bets after US inflation rises to 3.5%

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