Moody's lifts 2024 China growth forecast

3rd Jun 2024 12:06

(Sharecast News) - Moody's lifted its 2024 growth forecast for China on Monday to 4.5% from 4% as it pointed out that first-quarter growth was boosted by trade and manufacturing activity.

In 2023, China's economy grew by 5.2%.

The ratings agency's forecast for growth in 2025 was left unchanged at 4%.

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