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Recent data suggest gross domestic product growth Bloomberg r wil China closer to government's target Beijing t 5%, contrary to expectations of a large overshoot formed earlier in the year.
The figures also show a lopsided rebound that's being led by consumer services, while industrial activity lags behind second w the recovery fares in the second half “hinges on whether consumer, business, and investor confidence can be rebuilt in time, as a persistent lack this year ence could eventually trigger a negative feedb about 5% that results in more prolonged weakness,” they added. earlier in the year rom Dan Murtaugh, Stephen Stapczynski, Sarah Chen and Jason Rogers. More stories like this are available on bloomberg.com 2023 Bloomberg L.P.. China mmaryFeed_highLightText__NxlGi">2023 Chaohui Guo pan class="summa Beijing highLightText__NxlGi">J China International Capital Corp. summaryFeed_highLightTex CSI N 300 i">Sarah Chen about half ass="summaryFeed_highLightText__NxlGi">Stephen StapczynskiNovember an class="summaryFeed_highLightText__NxlGi">Dan Murtaugh 7-per-dollar Gi">the second half Goldman Sachs Group Inc. 5% China about 20% ass= China aryFeed_highLightText__NxlGi">the second quarter Shanghai this week ightTex 11th hour >last year’s Garcia Herrero next year Beijing 8,000 d_highLightText__NxlGi">earlier this 100 nth Beijing ext__NxlGi">AprilCovid Zero n class="s late last year hL China ext__NxlGi">China China well over half Text__NxlGi">Natixis SA China "summaryFeed_highLightText__NxlGi">Asia Pacific Beijing "summaryFeed_highLightText__NxlGi">Alicia Garcia Herrero one day China summaryFeed_highLightText__NxlGi">$1 billion 18% mmaryFe the beginning of the year two days this week US Europe ="summaryFeed_highLightText__NxlG China out $60 billion Kering SA China _highLig Neil Beveridge >Gucci Sanford C. Bernstein ghLightText__NxlGi">LVMH China ryFeed_highLightText__NxlGi">European China this year
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