ADB Maintains Growth Forecasts for China and Developing Asia
The Asian Development Bank has maintained its GDP growth forecasts for China at 4.8% for 2024 and 4.5% for 2025, as per its latest outlook released on Wednesday.
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The Asian Development Bank has maintained its GDP growth forecasts for China at 4.8% for 2024 and 4.5% for 2025, as per its latest outlook released on Wednesday.
The Asian Development Bank has raised its forecast for China’s 2024 economic growth to 4.8%, reflecting a more optimistic outlook. Developing Asia’s growth forecast was also nudged up to 4.9%.