UBS ups China’s 2024 GDP growth forecast to 4.8%.

UBS raised its 2024 and 2025 GDP growth forecasts for China, citing faster-than-expected GDP growth in 3Q, and recent government policy support announcementsForecasts now:GDP growth for 4Q to rise to 6.5% q/qGDP growth for 4Q to rise to remain at 4.6% y/yFull-year 2024 real GDP growth raised to 4.8% (prior forecast 4.6%)2025 real GDP growth forecast to 4.5% (prior 4.0%) This article was written by Eamonn Sheridan at www.forexlive.com.