Forex
globalreutersJanuary 17, 20251 Mins read
China: 4Q24 GDP is boosted by industrial sector – UOB Group
globalreutersJanuary 17, 20251 Mins read China’s 4Q24 GDP growth accelerated to 5.4% y/y, 1.6% q/q sa. The 2024 full year growth of 5.0% has met official target, coming in slightly higher than our forecast of 4.9%. The stronger recovery was driven by the industrial sector, UOB Group’s economist Ho Woei Chen notes.
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