UBS Investment Bank has raised its forecast for economic growth in China this year to 4.6%, from 4.4% previously.
UBS says it expects China's property market to stabilise in the coming months, which will help support household confidence:
- "That should support continued post-Covid consumption recovery along with the economy and labor market, though at a slower pace"
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Earlier today:
BY almost every measure Chines stocks are cheap, really cheap.
But, this guy:
![keynes](https://images.forexlive.com/images/irrational%20solvent_id_04d1409f-2dbc-40ad-95f2-0f7f5bb1e7df_size900.jpg)