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%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

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.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 4. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

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.
Bron: News24 - 🏆 4. / 80 Lees verder »