(Bloomberg) -- Goldman Sachs Group Inc. upgraded its forecasts for China’s economic growth in 2024 and 2025 after Beijing unveiled a series of measures to...
-- Goldman Sachs Group Inc. upgraded its forecasts for China ’s economic growth in 2024 and 2025 after Beijing unveiled a series of measures to shore up growth, including plans for greater public spending announced over the weekend.Chicago Marathon to Honor Kenyan Who Died After His World Record
The upgrade comes as economists and investors assess the potential effects of Beijing’s push since late September to boost an economy facing weak sentiment and persistent deflationary pressures. The Finance Ministry vowed greater fiscal support in a much-anticipated briefing on Saturday, although it lacked steps to boost consumption some analysts say are needed to beat deflation.
However, Goldman warned that China’s structural challenges remain and maintained its forecasts for 2026 and beyond. DENVER — Jim Harbaugh listened to his heart when he began to feel a little bit off in pregame warmups.
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