World Bank China Gdp Forecast 2024

World Bank China Gdp Forecast 2024. Cyclical lifts and structural challenges, the. The world bank has maintained its forecast for china's 2023 economic growth at 5.1%, but lowered its prediction for 2024 to 4.4% due to the weakness of its property sector.


World Bank China Gdp Forecast 2024

In 2024, real gdp growth is forecast to increase 3.1%, a slight rise from october’s outlook. The world bank revised up china’s economic growth forecast for next year to 4.4%, from its previous projection of 4.8%, citing a loss of confidence partly due to falling property prices.

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