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World Bank sees better growth for China
World Bank raises China's GDP forecast for 2024, 2025
The World Bank raised on Thursday its forecast for China's economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property sector, would keep weighing it down next year.
World Bank sees better growth for China in 2024, 2025
The World Bank has recently updated its economic forecasts for China, raising the projected GDP growth for 2024 and 2025. The World Bank now expects China's GDP to grow by 4.9% in 2024, up from its June forecast of 4.
World Bank Raises China's GDP Growth Forecasts
The World Bank raised its forecast for China's economic growth for 2024 and 2025, saying a raft of policy easing and strong exports had helped mitigate some of the effects of a property downturn dragging on economic activity.
World Bank revises up China's growth projection
The World Bank has revised up China's real GDP growth for this year and next to 4.9 percent and 4.5 percent, respectively, while underlining the necessity of ramping up structural reforms alongside stimulus measures to reinvigorate growth.
World Bank lifts China growth forecast but calls for deeper reforms
The World Bank has raised its near-term economic forecasts for China while repeating calls for President Xi Jinping to pursue deep reforms to address lagging confidence and structural problems in the world’s second-biggest economy.
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Unlocking Domestic Demand Key to Reviving Growth Momentum in China – World Bank Economic Update
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