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JP Morgan is expecting China's reopening to add around 1% to Australian economic growth

JP Morgan is expecting China's reopening to add around 1% to Australian economic growth

JP Morgan on China - Australia:

  • China’s shift toward an earlier reopening raises the question of potential implications for the Australian economy
  • The largest potential upside from reopening itself sits within the services sector given China is the largest consumer of Australian tourism and education exports

JPM project:

  • that a full recovery in Australia’s tourism will add 0.5% to GDP
  • the return of international students from China will add an... Read More
Posted: Jan 9 2023, 23:39
Author Name: forexlive
Views: 110638

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