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GDP, China
China revises up 2023 GDP, sees little impact on 2024 growth
China revised upwards on Thursday the size of its economy by 2.7%, but said the change would have little impact on growth this year, as policymakers pledged more stimulus to spur expansion in 2025.
Final 3Q GDP Estimate Revises Growth Up to 3.1%
The U.S. economy grew more than initially appreciated in the third quarter, extending a solid stretch of economic expansion.
China's 2023 GDP revision aligns with standard global practice, has no significant impact on 2024 growth rates
The National Bureau of Statistics (NBS) stated on Friday that revising GDP data is a common international practice and has always been a routine part of China's government statistics work. And the revised-up GDP figure for 2023 will not have a significant impact on the GDP growth rate for 2024.
World Bank raises China's GDP forecast for 2024, 2025
The World Bank raised on Thursday its forecast for China's economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property sector, would keep weighing it down next year.
China revises up 2023 GDP, World Bank raises forecast for 2024, 2025
China revised upwards its 2023 gross domestic product (GDP) by 2.7 percent to 129.4 trillion yuan (US$17.73 trillion), a top statistics official said on Thursday, while the World Bank raised its forecast for China's economic growth in 2024 and 2025.
World Bank sees better growth for China in 2024, 2025
The World Bank has recently updated its economic forecasts for China, raising the projected GDP growth for 2024 and 2025. The World Bank now expects China's GDP to grow by 4.9% in 2024, up from its June forecast of 4.
Reuters on MSN
1d
China says new housing metrics behind upward revision to 2023 GDP
On Thursday, China's 2023
GDP
was raised by 3.4 trillion yuan, or 2.7%, to 129.4 trillion yuan ($17.73 trillion), according ...
8d
GDP revised up to 3.1% in third quarter, final estimate shows
The economy expanded at a 3% rate in the second quarter and just 1.4% in the first. This is the third of three estimates for ...
6h
on MSN
India’s CAD likely to exceed 2% of GDP in Q3 FY25 amid gold import surge: Report
India's Current Account Deficit (CAD) is expected to rise above 2% of GDP in Q3 FY25, driven by higher gold imports. However, ...
Reuters on MSN
1d
India's current account gap narrows to 1.2% of GDP in July-Sept, central bank says
The current account deficit stood at $11.2 billion, or 1.2% of
GDP
, in the quarter, compared with a deficit of $11.3 ...
4d
on MSN
Canada GDP Cools After Stronger-Than-Expected 0.3% Growth in October
Canada’s economy may have contracted last month for the first time this year but growth has nevertheless picked up this ...
中国日报网
1d
Spike in tertiary sector workforce boosting GDP
Based on the fifth national economic census conducted last year, the tertiary industry contributed 56.3 percent to the nation ...
4d
on MSN
France’s Bayrou Aims for 2025 Deficit Around 5% GDP or Bit More
French Prime Minister Francois Bayrou said he aimed to reach an agreement with parliament on a 2025 budget that would reduce ...
The Express Tribune
2d
Tax-to-GDP ratio to reach 13% in three years: Finance Minister
The Finance Minister also highlighted ongoing structural reforms, mentioning that the tax-to-GDP target is set to exceed 13.5 ...
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