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Chinese economists forecast 2025 economic growth at a minimum of 4.8%

We get the 2024 Q4 data today:

Meanwhile, China Securities Times has surveyed economists:

  • forecast 2025 GDP growth of at least 4.8%

Of course, if you are an economist in China you have to be careful not to offend, Via a Wall Street Journal (gated) report earlier this month:

  • At a Washington forum last month, a prominent Chinese economist raised doubts about Beijing’s economic management and said China’s economy might have grown at less than half the roughly 5% pace flaunted by authorities.
  • When Xi Jinping found out, he was furious.
  • According to people familiar with the matter, the Chinese leader ordered an investigation of Gao Shanwen, chief economist at state-owned SDIC Securities, who has frequently advised the government on economic and financial policies. Xi then ordered authorities to discipline him.

This article was written by Eamonn Sheridan at www.forexlive.com.

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