• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Editor's Pick

Factbox-Brokerages raise China GDP growth estimates for 2024

by October 22, 2024
written by October 22, 2024

(Reuters) – China’s economy grew 4.6% in July-September, official data showed, its slowest pace since early 2023 and below the 4.7% pace in the second quarter, as a tumbling property sector remained a major challenge for Beijing.

Authorities in the world’s second-largest economy have sharply ramped up policy stimulus since late-September to revive the flagging economy and ensure growth will reach the government’s target of around 5% this year.

Here are some brokerages’ forecasts for China’s 2024 growth after the Q3 GDP data:

Brokerage Real GDP growth forecast

(Y/Y)

New Old

J.P.Morgan

4.8% 4.6%

Nomura

4.7% 4.6%

UBS Global Research

4.8% 4.6%

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Bitcoin drops to a new weekly low on Tuesday, October 22
next post
Bank of Israel voted 5-0 to hold rates at October decision, minutes show

You may also like

China central bank conducts 1.7 trln yuan of...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

ECB president fears loss of central bank independence

January 27, 2025

European tech shares tumble as China’s AI push...

January 27, 2025

Futures slip as investors eye China’s latest AI...

January 27, 2025

Markets may be repeating the mistake of 2019,...

January 27, 2025

How billionaire Caltagirone could influence Italy’s banking M&A...

January 27, 2025

How Italy’s MPS went from near collapse to...

January 27, 2025

Analysis-To weather Trump, emerging market investors look to...

January 27, 2025

Chinese AI startup DeepSeek overtakes ChatGPT on Apple...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Trump implies government could cut contracts and subsidies to Musk’s companies

      June 7, 2025
    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 5, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (505)
    • Stock (6,426)

    Latest News

    • Trump implies government could cut contracts and subsidies to Musk’s companies
    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

    Popular News

    • American Tower misses quarterly revenue estimates on leasing slowdown
    • Canada’s finance minister quits, attacks PM Trudeau’s ‘political gimmicks’

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy