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Economist predicts supportive measures will lead to Chinese economy bottoming out

From en.ce.cn

China's supportive measures, including both monetary and fiscal policies, have helped the economy to be bottoming out, said Zhou Hao, chief economist at Guotai Junan International. "There is little doubt that China will achieve its around-five-percent growth target for the full year of 2023," Zhou said in an interview with Xinhua. Despite challenges both at home and aboard, he said China's economic outlook has improved, with the latest economic indicators all surpassing market expectations. The country's economy expanded 5.2 percent in the first three quarters of this year, with indicators ranging from industrial ... (full story)

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  • Category: Fundamental Analysis