03 Jun 2024 | 12:06
Moody's lifts 2024 China growth forecast
(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%.