QNB forecasts China's GDP to grow by around 5 percent next year, supported by expanding global manufacturing operations and stimulus policies to prevent boom and bust cycles.
The report showed that the Chinese economy is recovering strongly, and its growth rates exceeded analysts' expectations, after China began the process of reopening the economy, following successive negative headwinds, foremost of which are the waves of "Covid-19", the continuous closures of major cities, and the real estate crisis.
Negative perceptions by investors and analysts dominated the economic agenda, and Bloomberg's forecast showed a slow Chinese recovery of 4.8 percent, after a weak performance in 2022.
Source (Al-Raya Qatari Newspaper, Edited)
