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S&P cuts China GDP forecast as calls for stimulus intensify

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S&P cuts China GDP forecast as calls for stimulus intensify


S&P Global cut its forecast for economic growth in China this year, underscoring the uneven nature of the country's post-reopening recovery that is spurring more calls for further stimulus. S&P now expects China to log GDP growth of 5.2% in 2023, down from an earlier estimate of 5.5%. It was the…

#sp #goldmansachs #ningjizhe #statisticsbureau #beijing #peoplebankofchina #globaltimes #communistparty #politburo #niewen

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