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Nomura has raised its GDP forecast for China this year to 5.9% (from 5.3.%)

Eamonn Sheridan
21/04/2023 | 01:04 GMT

Analysts are seeing better data from China, and more of that to come.

  • JP Morgan upgraded its China 2023 full-year GDP growth forecast to 6.4% (from 6%)
  • TD raise their GDP forecast, "China Economic Surprise Index surged to a multi-year high"
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The Chinese Communist Party has set the target 'around 5%'. Private sector economists are expecting better.

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