World Bank keeps China 2023 GDP growth forecast but cuts 2024 outlook

October 2, 2023

BEIJING, Oct 2 (Reuters) – The World Bank has maintained its forecast for China’s 2023 economic growth at 5.1%, in line with its previous estimate in April, but trimmed its prediction for 2024 to 4.4% from 4.8%, citing the persistent weakness of its property sector.…

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