HSBC cut its forecast for China GDP growth in 2023 and 2024 - see the PBOC easing further

25/09/2023 | 10:34 GMT

HSBC's new economic growth forecasts for China:

4.9% in 2023 (were previously above 5%)
4.6% in 2024

HSBC expect People's Bank of China monetary policy to loosen further ahead with further cuts to both interest rates and the RRR.

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