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Economists continue to raise China’s economic growth forecast for this year

Por: MarketWatch Politics February 09, 2023

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Fitch Ratings was the latest to raise its estimate, saying Wednesday it expected China’s GDP to grow 5.0% in 2023, significantly more than its previous estimate of 4.1%, citing faster-than-anticipated recovery in consumption and factory activity. Last week, Chinese authorities for January’s consumption and production gauges, putting both into expansion territory after a painful December contraction. “We believe the economic recovery will... + full article



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