China’s growth outlook improves ...News

The economy is now expected to expand by 5.4% in 2023, according to Morgan Stanley Morgan Stanley analysts have raised their forecast for China’s economic growth in 2023, predicting an earlier and sharper rebound in activity. The country’s gross domestic product is seen growing 5.4% next year, up from a previous projection of 5%. “We had previously expected a rebound in activity to materialize from late 2Q23. Now we are projecting mobility to improve from early March,” analysts said on Tuesday, adding that they expect to see a “faster and sharper rise in mobility” to be reflected in the economy starting in the sec

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China’s growth outlook improves ...News

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