Pictet WM revises GDP forecasts for China upwards

20 July 2017 | 2 minutes read

Pictet Wealth Management has revised its China GDP forecast for 2017 to 6.8% from 6.5% and lifted its forecast for 2018 to 6.3% from 6.2%, following stronger-than-expected second quarter growth and a better near-term outlook. China’s second quarter GDP came in at RMB 20.1 trillion (USD3 trillion), a 6.9% YoY increase in real terms. In the first half of the…

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