Bank of America cut its 2024 China GDP forecast to 4.8% ...Middle East

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Bank of America cut its 2024 China GDP forecast to 4.8%
Analysts at Bank of America Global Research have cut GDP forecasts:for 2024 China to 4.8%, from 5.0% previouslyfor 2024 global GDP to 3.1% from 3.2% previouslyThe China call is a brave one. China's official GDP target is 'around' 5%. China tends to hit its forecasts, whatever it takes ;-) This article was written by Eamonn Sheridan at www.forexlive.com.

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