China, GDP and Goldman Sachs
Goldman Sachs increases China's GDP forecast to 4.9% for 2024
Goldman Sachs updated its forecast for China's GDP growth in 2024, raising it from 4.7% to 4.9%. This adjustment reflects the impact of recent fiscal stimulus measures introduced by the Chinese government aimed at revitalizing the economy.
Recent Stimulus Could Bring China's GDP Growth Closer to 5% in 2024
China's recently announced stimulus measures and hints from the Ministry of Finance over the weekend may push the nation's GDP growth closer to 5% this year, said Tao Wang, chief China economist at UBS Investment Bank.
Goldman Sachs raises China's GDP forecast to 4.9% in 2024
Goldman Sachs raised China's gross domestic product forecast to 4.9% from 4.7% for 2024, according to a research note, citing the government's latest round of stimulus measures.
Goldman Sachs Upgrades China Growth Forecasts on Latest Stimulus
Goldman Sachs Group Inc. upgraded its forecasts for China’s economic growth in 2024 and 2025 after Beijing unveiled a series of measures to shore up growth, including plans for greater public spending announced over the weekend.
Goldman Sachs Raises China Growth Outlook Amid New Stimulus Measures
Goldman Sachs Group Inc. upgraded its forecasts for China's economic growth in 2024 and 2025 following new government measures to boost the economy. The upgrade comes after Beijing announced plans for greater public spending and fiscal support.
China growth forecast upgraded at Goldman Sachs amid stimulus efforts
Goldman Sachs upgraded its China growth forecast, citing recent stimulus efforts. But another large package is needed when it comes to reviving the world's second-largest economy.
Water Crisis Endangers 8% of GDP in High-Income Countries, Report Warns
Scarcity, changing rainfall patterns and groundwater overuse all pose an increasingly dire threat to the world economy.
Hurricanes Helene and Milton walloped parts of the U.S. What will they do to GDP?
Hurricanes Milton and Helene put lots of people out of work temporarily and could add upward pressure to inflation, but the ...
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World Water Crisis: 8% GDP Loss, Food Risk by 2050
An international group of leaders and experts warns that unless humanity acts with greater boldness and urgency, an ...
Inflation, GDP Would Be Same Under Harris or Trump, Survey Says
The outlook for inflation and growth in the US would be roughly the same whether Kamala Harris or Donald Trump wins the ...
Goldman Sachs raises China growth outlook on optimism over Beijing's fresh push to revive struggling economy
Goldman Sachs analysts upgraded their growth forecast on China from 4.7% to 4.9% for this year, close to officials' target of ...
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PHL GDP growth seen missing official targets in 2024, 2025
ECONOMIC GROWTH could continue to settle below the Philippine government’s targets in 2024 and 2025, Deutsche Bank Research said. “Over the past three months, Asian economies have exhibited diverse ...
World Bank Cuts Africa GDP Forecast as Sudan War Stunts Region
The World Bank downgraded its economic growth forecast for sub-Saharan Africa as a raging civil war in Sudan stalled activity ...
Chinese stocks could rally 15% as more stimulus spurs a GDP growth spurt next year, SocGen says
Fiscal stimulus in China could help boost the world's second-largest economy to 5% GDP growth next year, SocGen analysts ...
Egypt's GDP growth slows to 2.4% for 2023/24 year, says planning ministry
Egypt’s GDP growth rate was 2.4% in the fourth quarter of the 2023/24 year, bringing the annual growth rate to 2.4%, down ...
Singapore GDP Grew 2.1% Last Quarter on Manufacturing Rebound
Singapore’s economic growth accelerated in the third quarter, suggesting the recovery is gaining momentum in the face of ...