Friendly reminder that the World Bank was projecting 4.3% GDP growth for 2023 in December 2022 and raised that to 5.2% by December 2023.
CAS was projecting 6% for 2023 in December 2022.
The final IMF estimate was 5.4% for 2023.
My estimate is that China will just barely squeak 5% GDP growth this year off of the real estate bubble having been mostly deflated already while EV and green energy exports shoot up.
Friendly reminder that the World Bank was projecting 4.3% GDP growth for 2023 in December 2022 and raised that to 5.2% by December 2023.
CAS was projecting 6% for 2023 in December 2022.
The final IMF estimate was 5.4% for 2023.
My estimate is that China will just barely squeak 5% GDP growth this year off of the real estate bubble having been mostly deflated already while EV and green energy exports shoot up.