Goldman Sachs Research expects China’s real GDP to grow by 4.8 per cent in 2026, above the consensus of estimates of 4.5 per cent.
However, structural challenges like labour market weakness remain.
Its forecast for producer price inflation of minus 0.7 per cent is modestly higher than the consensus expectation of minus 1 per cent.
Consumer price inflation is projected to be below 1 per cent this year.
However, structural challenges like labour market weakness remain.
Its forecast for producer price inflation of minus 0.7 per cent is modestly higher than the consensus expectation of minus 1 per cent.
Consumer price inflation is projected to be below 1 per cent this year.
