World Bank raises China’s GDP forecast for 2024, 2025

Thanks to the effect of recent policy easing and near-term export strength, the World Bank sees China’s gross domestic product growth at 4.9 per cent this year, up from its June forecast of 4.8 per ... Read More

World Bank sees better growth for China in 2024, 2025

The World Bank now expects China's GDP to grow by 4.9% in 2024, up from its June forecast of 4.8%. Beijing had set a target of “around 5%” this year. For 2025, the growth, although expected to ... Read More

Analyst Predicts Slower-Than-Targeted Growth for China

China's economic ... Asia economics at Bank of America Global Research, said in a recent interview with CNBC that whether the world's second-largest economy hits its growth target depends on ... Read More

World Bank upgrades China’s GDP forecast to 4.9% in 2024

The World Bank published ... chief economist at China Minsheng Bank, wrote in a note sent to the Global Times that policymakers are expected to set GDP growth target of around 5 percent in 2025. Read More

China sets this year's economic growth target at 'around 5%'

Premier Li Keqiang, the top economic official, set this year's growth target at “around 5%” following the ... on plans to increase China’s wealth and global influence. Consumer spending ... Read More

World Bank raises China's GDP forecast for 2024, 2025

the World Bank sees China's gross domestic product growth at 4.9% this year, up from its June forecast of 4.8%. Beijing set a growth target of "around 5%" this year, a goal it says it is confident ... Read More