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Home News Item World Bank Sees China’s Growth Sputtering to Slowest Rate Since 1960s
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World Bank Sees China’s Growth Sputtering to Slowest Rate Since 1960s

oktober 03, 2023by Reacties uitgeschakeld voor World Bank Sees China’s Growth Sputtering to Slowest Rate Since 1960s

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TAIPEI, TAIWAN – Hours after the People’s Republic of China celebrated its 74th birthday October 1 with fireworks and flowers, the World Bank cut its forecast for the country’s growth next year.

The World Bank said in its semiannual regional forecast released Sunday that it now expected China’s economic output will grow 4.4% in 2024, down from the 4.8% it expected in April. The bank cited the persistent weakness

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