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> Asian Development Bank cuts its China 2022 GDP forecast to 5.0%
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CNY

Asian Development Bank cuts its China 2022 GDP forecast to 5.0%

  • From 5.3% previously
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 06/04/2022 | 00:01 GMT
06/04/2022 | 00:01 GMT
  • 0

Yesterday we got this:

  • World Bank forecasts China's economy to grow by 5% this year

ADB has joined in on that 5% forecast. Both are betting against the Chinese Communist Party edict for 5.5% GDP growth in 2022.

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