Asian Development Bank has raised its China's 2023 growth forecast to 5.2% (prior 4.9%)

<p>The Asian Development Bank has raised its China's 2023 growth forecast to 5.2% from previous projection of 4.9%</p><ul><li> maintains its 2024 growth forecast at 4.5%</li></ul><p>From the ADB's December outlook released today. </p><p>On China, citing:</p><ul><li>continued postpandemic recovery</li><li>strength in services helping counter the slump in property</li><li>policy makers rolling out measures to bolster the economy</li></ul><p>ps, news crossing that China's automobile exports in 2023 over 5 million units,highest ever</p>

This article was written by Eamonn Sheridan at www.forexlive.com.