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ICYMI – JP Morgan raised their 2023 growth forecast for China to 4.3% (from 4%) | Forexlive

JPM note issued Thursday.

  • 2023 GDP projected at 4.3% from JPM’s previously forecast 4.0%
  • cut its 2022 economic growth outlook to 2.8% from 2.9% previously

JPM says:

  • “The most important development in the past month is earlier reopening with a faster pace. Our analysis has taken into account a transitional pain period before the economy enters a strong recovery,”