Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>UBS Keeps CN GDP Growth Base Case Forecast at 4.5% for This Yr, but Expects More Upside Risks
Recommend 1 Positive 2 Negative 1 |
||||
|
||||
|
In the government work report from the Two Sessions, China set its GDP growth target at 4.5-5%, which aligned with UBS expectations, said UBS Chief China Economist Song Yu. UBS also anticipated that the People's Bank of China will cut interest rates by 10-20 bps, lower the RRR by 25-50 bps, and increase the use of structural monetary policy tools this year. UBS maintained its base case forecast for GDP growth at 4.5% for 2026, but this forecast faces more upside risks. UBS expected the government to introduce further moderate easing measures, with real estate activity continuing to subside, although the rate of decline is expected to slacken. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
