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World Bank sees better growth for China
World Bank raises China's GDP forecast for 2024, 2025
The World Bank raised on Thursday its forecast for China's economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property sector, would keep weighing it down next year.
World Bank sees better growth for China in 2024, 2025
The World Bank has recently updated its economic forecasts for China, raising the projected GDP growth for 2024 and 2025. The World Bank now expects China's GDP to grow by 4.9% in 2024, up from its June forecast of 4.
World Bank Raises China's GDP Growth Forecasts
The World Bank raised its forecast for China's economic growth for 2024 and 2025, saying a raft of policy easing and strong exports had helped mitigate some of the effects of a property downturn dragging on economic activity.
World Bank revises up China's growth projection
The World Bank has revised up China's real GDP growth for this year and next to 4.9 percent and 4.5 percent, respectively, while underlining the necessity of ramping up structural reforms alongside stimulus measures to reinvigorate growth.
China revises up 2023 GDP, World Bank raises forecast for 2024, 2025
China revised upwards its 2023 gross domestic product (GDP) by 2.7 percent to 129.4 trillion yuan (US$17.73 trillion), a top statistics official said on Thursday, while the World Bank raised its forecast for China's economic growth in 2024 and 2025.
World Bank lifts China growth forecast but calls for deeper reforms
The World Bank has raised its near-term economic forecasts for China while repeating calls for President Xi Jinping to pursue deep reforms to address lagging confidence and structural problems in the world’s second-biggest economy.
3d
Exclusive: World Bank staff question Ethiopia debt assessment reached with IMF, memo shows
Some World Bank staff have criticised an assessment of Ethiopia's finances conducted with the International Monetary Fund, ...
Legit on MSN
18h
World Bank Removes Several Loan Fees for Poor Countries Including Nigeria
World Bank has announced the removal of several loan fees for poor countries of the world, including Nigeria which has been ...
World Bank
20h
Unlocking Domestic Demand Key to Reviving Growth Momentum in China – World Bank Economic Update
Despite multiple challenges, China’s economic growth has remained robust at 4.8 percent in the first three quarters of the year. But growth has moderated since the second quarter of 2024, weighed down ...
3d
on MSN
World Bank announces $12 million for Vanuatu quake recovery
The World Bank on Tuesday announced $12 million towards emergency response and recovery in Vanuatu, a week after a 7.3 ...
Kyiv Independent on MSN
8d
World Bank approves over $2 billion in funds for Ukraine
The funding includes a $1 billion grant from the new $20 billion U.S. loan backed by frozen Russian assets. Another $1.05 ...
The Daily Star
3d
World Bank to continue support for key reforms
Outgoing World Bank Country Director for Bangladesh, Abdoulaye Seck, yesterday reaffirmed the WB’s support for key reform ...
10d
Palestinian Economy Facing Unprecedented Crisis: World Bank
The war in the Palestinian territories is having a catastrophic impact on the local economy, the World Bank said Monday, ...
GlobalData on MSN
2d
World Bank backs Uzbek solar project with $3.5m guarantee
The support ensures Uzbekistan's National Electric Grid meets obligations to buy power from Voltalia's 100MW Khorezm solar ...
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