China, Goldman Sachs
Goldman Sachs raises China growth outlook on optimism over Beijing's fresh push to revive struggling economy
Goldman Sachs analysts upgraded their growth forecast on China from 4.7% to 4.9% for this year, close to officials' target of around 5% growth.
Goldman Sachs raises China's GDP forecast to 4.9% in 2024
Goldman Sachs raised China's gross domestic product forecast to 4.9% from 4.7% for 2024, according to a research note, citing the government's latest round of stimulus measures. The move "clearly indicates that policymakers have made a turn on cyclical policy management and increased their focus on the economy,
Goldman Sachs Upgrades China Growth Forecasts on Latest Stimulus
Goldman Sachs Group Inc. upgraded its forecasts for China’s economic growth in 2024 and 2025 after Beijing unveiled a series of measures to shore up growth, including plans for greater public spending announced over the weekend.
Goldman Sachs raises China economic growth forecasts
NEW YORK - Goldman Sachs on Sunday lifted its forecasts on China's economic growth for 2024 and 2025 on the grounds of the country's recent pro-growth measures. China's gross domestic products (GDP) would expand by 4.9 percent in 2024, up from an earlier forecast of 4.7 percent, according to a report by the investment bank.
Goldman upgrades China growth forecasts on latest stimulus
It warned that China’s structural challenges remain and maintained its forecasts for 2026 and beyond. Read more at straitstimes.com.
Goldman Sachs Raises China Growth Outlook Amid New Stimulus Measures
Goldman Sachs Group Inc. upgraded its forecasts for China's economic growth in 2024 and 2025 following new government measures to boost the economy. The upgrade comes after Beijing announced plans for greater public spending and fiscal support.
China growth forecast upgraded at Goldman Sachs amid stimulus efforts
Goldman Sachs upgraded its China growth forecast, citing recent stimulus efforts. But another large package is needed when it comes to reviving the world's second-largest economy.
China Market Update: What The Media Got Wrong About The MoF Press Conference
Asian equities were largely higher despite a stronger US dollar overnight, except for Hong Kong, which was off while Japan ...
4 reasons China's blistering stock rally has another 20% to run, Goldman says
Goldman Sachs predicts that the blowout surge in China's stock market still has a ways to go, with another 15% to 20% upside ...
Behind Xi Jinping’s pivot on broad China stimulus
With China’s economy sinking deeper into a funk last month, Xi Jinping finally decided something had to be done. After ...
Prices in China are stagnating, putting more pressure on Beijing to jump-start the economy
Consumer prices rose marginally in September and producer prices fell sharply, stoking demand for government stimulus to ...
Pets in China are earning ‘snack money’ in cafes as their owners send them to work
Chinese pet owners are sending their furry friends to work in cafes amid an explosion of venues in China offering animal ...
China Still Likely to Roll Out Fiscal Measures Even as Key Presser Disappoints, Says Goldman
China is still likely to roll out new fiscal stimulus, Goldman Sachs analysts said in a note after a key policy presser ...
Mobius joins Goldman Sachs bet on China boost for emerging-market equities
The total pool of money coming into emerging markets will expand,’ veteran investor says. ‘You will see this whole market ...
China's September Credit Activity Beats Forecasts
Credit growth remains in year-on-year contraction, but recent rate cuts and other stimulus should encourage recovery in the months ahead. Click to read.