S&P Global Ratings has reduced its 2024 China GDP growth forecast to 4.6 per cent from 4.8 per cent.
It projects 4.3 per cent growth in China in 2025, and anticipates 4.4 per cent growth in the Asia-Pacific region this year as well as next, slightly down from three months ago.
Southeast Asian growth has remained generally solid, benefitting from the export recovery and robust domestic demand.
It projects 4.3 per cent growth in China in 2025, and anticipates 4.4 per cent growth in the Asia-Pacific region this year as well as next, slightly down from three months ago.
Southeast Asian growth has remained generally solid, benefitting from the export recovery and robust domestic demand.
