INVESTMENT banks Goldman Sachs and Morgan Stanley raised their outlook for China’s economic growth this year as factory activity and exports accelerate more quickly than expected, reports Caixin. China’s economy probably expanded at a 7.5 per cent annualised pace in the first quarter from the previous three months, Goldman economists led by Hui Shan said in a note – higher than their 5.6 per cent previous estimate. The bank now sees 2024 growth forecast at five per cent, in line with Chinese...
https://www.seanews.com.tr/morgan-stanley-goldman-boost-chinas-growth-outlook/200080/