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JP Morgan raised its China GDP forecasts for 2023 and 2024

Analysts at JP Morgan raised their economic growth forecasts for China citing policy moves and improving economic signals. revised up the full-year growth forecast to 5.0% for 2023 (previously: 4.8%) and 4.4% for 2024 (previously: 4.2%) JPM are optmisistic on more policy support to come: “Further policy measures could be announced, such as product-specific consumption support and further relaxation of administrative controls in the housing market.”JPM not the only ones, this from earlier:Nomur... Read More

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Morgan

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2024

Forex

Posted: Oct 5 2023, 20:55

Author Name: forexlive

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