Goldman Sachs Raises China’s Economic Growth Forecasts for 2024 and 2025
Goldman Sachs has increased its forecasts for China’s economic growth in 2024 and 2025, citing the country’s recent pro-growth measures and policy focus on the economy.
Economic Forecast
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Global Goods Trade Expected to Rise by 2.7% in 2024: WTO
The World Trade Organization projects a 2.7% increase in global goods trade in 2024, slightly higher than previous estimates.
ADB Projects China to Remain World’s Leading Growth Engine in 2024
Many international institutions have raised their projections for China’s 2024 economic growth. The Asian Development Bank says China will remain the world’s leading growth engine.
Global Institutions Raise China’s Economic Growth Forecasts for 2024
International organizations like the IMF and World Bank have raised their forecasts for China’s economic growth in 2024, expressing optimism about the country’s robust economic prospects.
IMF Boosts China’s 2024 Growth Outlook to 5% on Strong Data
The IMF has raised China’s 2024 economic growth forecast to 5%, highlighting strong first-quarter data and policy measures. The upward revision signals confidence in China’s economic trajectory.
IMF Projects Steady Global Growth Despite Geopolitical Tensions
IMF projects slow but steady global growth in its World Economic Outlook, highlighting cautious optimism amid geopolitical tensions and the need for collaborative solutions.
Global Trade Set to Rebound by 2.6% in 2024, WTO Reports
The World Trade Organization forecasts a 2.6% rebound in global merchandise trade in 2024 after a contraction in 2023, attributing the growth to easing inflation and rising real incomes boosting consumption.
Economist Li Daokui Predicts 5.8% GDP Growth for China in 2024
Economist Li Daokui of Tsinghua University forecasts China’s GDP growth to reach 5.7 to 5.8% in 2024, citing strong savings rates, extensive R&D capabilities, and a vast consumer market as key drivers.