UBS Group expects 5.2% growth for China in 2023
China News
January 9, 2024
UBS Group anticipates that China's Gross Domestic Product (GDP) will register a growth of 5.2 percent for the year 2023, with a further forecast of 4.4 percent for 2024. Analysts from UBS conveyed their positive outlook for the A-share market in the upcoming year during a media briefing. The company envisions additional reductions in required reserve ratios and anticipates more relaxed measures for the real estate sector in the new year.