China ’s economic prospects are not as expected as expected.Economic growth estimates this year and next year.
According to the Bloomberg Society on Monday (October 2), the latest report of the World Bank pointed out that as the East Asia and the Pacific region are affected by financial tightening and the global environment, the developing economies in these two regions are today.The economic growth of the two years will slow down.
The World Bank pointed out in the half -year economic outlook report that the growth of GDP (GDP) this year (GDP) of East Asia and the Pacific region is expected to reach 5%, and GDP growth in 2024 is expected to reach 4.5%.The latest estimation is lower than the forecast in April this year. At that time, it was estimated that this year would increase by 5.1%and the growth of next year would be 4.8%.However, the report said that the latest estimates show that the pace of economic growth in these two regions is still faster than other emerging markets.
The East Asia and Pacific East Asia and the Pacific estimated estimated estimation of the World Bank is not as expected from China's economic prospects.
The boosting force of the booster of real estate is in trouble, increased debt, and the re -opening up after the epidemic. China's economic growth may be 4.4%next year, lower than the previous predicted 4.8%.China's GDP growth forecast this year is maintained at 5.1%.
According to the report, everything experienced by China has a vital impact on the entire area."China's economic growth decreases by 1%, and regional economic growth will decrease by 0.3 percentage points."
World Bank pointed out that with the improvement of global economy and regaining foreign demand for regional products and commodities in the regionIn addition to China, East Asia and Pacific's economic growth in 2024 is expected to accelerate slightly.The report pointed out that geopolitical tensions and natural disasters, including extreme weather events, are the downward risks of economic prospects.
