News Formal

S&P cuts China GDP forecast as calls for stimulus intensify | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 80%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

S&P Global cut its forecast for economic growth in China this year, underscoring the uneven nature of the country's post-reopening recovery that is spurring more calls for further stimulus. | News24_Business

S&P now expects China to log GDP growth of 5.2% in 2023, down from an earlier estimate of 5.5%. It was the first such cut by a global credit ratings agency this year and follows lowered predictions by Goldman Sachs and other major investment banks.

Ning Jizhe, a senior economic official with the country's top political advisory body and the former head of China's statistics bureau, is among policy advisers calling for more supportive measures to be rolled out. The world's second-biggest economy will roll out more stimulus this year, sources involved in policy discussions have said.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

All Mashatile's men: the advisors behind the scenes | BusinessDeputy President Paul Mashatile is a newcomer to the West Wing of the Union Buildings. politicsblahbla looks at who he brought with him.
La source: News24 - 🏆 4. / 80 Lire la suite »