Asian Development Bank (ADB) says that while China's property sector "remains a point of concern", the upside risks to China's growth outlook outweigh downside risks.
- If life really returns to normal quickly and confidence comes back, growth could even be higher than 5% which would be obviously even better for the region
- ADB forecasts 5% economic growth for China in 2023, up from its previous forecast of +4.3%
- ADB forecasts 4.5% GDP growth in 2024
New Chinese Prelier L i Qiang
