Media: China poised for strong recovery in 2023
Finance
- 21 January, 2023
- 13:05
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China's economy is expected to deliver a strong recovery in 2023, buoyed by the country's optimized epidemic response and effective pro-growth policies, Chetan Ahya, chief Asia economist at Morgan Stanley, told Xinhua recently via email, according to Report.
In a research note released last week, Morgan Stanley raised its outlook for China's GDP growth in 2023 from 5.4 percent to 5.7 percent, predicting that a rebound in activity will come earlier and be sharper than expected.
"China's counter-trend recovery should provide an uplift to aggregate demand around the world, with the strongest positive spillover effects to the rest of Asia and Europe," said Ahya.
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