China s manufacturing growth slows - Taipei Times
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China set to keep lending benchmark LPR unchanged: Reuters poll
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China set to keep lending benchmark LPR unchanged
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Global firms optimistic on China’s steady growth
International institutions are optimistic about a broader recovery in China’s economic growth this year, given the recent strong readings in industrial production, consumption and exports, according to latest reports.
Investment bank Morgan Stanley said in a report released on Sunday that China’s GDP growth is expected to come in at 9 percent for this year and 5.8 percent for 2022, with a revival of private consumption and manufacturing capital expenditure offsetting the countercyclical tightening effects.
On a sequential basis, the country’s growth rate will peak between 6.5 percent and 7 percent on a seasonally adjusted annual rate basis in the second quarter of the year, with a more modest but sustained 5.5 percent to 6 percent SAAR in the second half of this year and next year. Such a growth rate is in line with the potential GDP growth trend, as growth mix rebalances toward domestic demand amid a normalization in export