China's GDP growth forecast plummets amid real estate crisis | World Business Watch | WION News
Edited By WION Video Desk
Published: Aug 31, 2024, 06:45 IST | Updated: Aug 31, 2024, 06:45 IST
UBS has joined a growing chorus of analysts downgrading their forecasts for China's economic growth. The bank has lowered its prediction for the country’s GDP growth in 2024, citing the ongoing real estate downturn and tight fiscal policy.
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