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Has China’s economy turned a corner? This private bank thinks so

UBS has upgraded its full-year forecast for China’s economic growth in 2022 from 2.7% to 3.2% after the country released strong 3Q2022 data. On 24 October, China reported that GDP grew by 3.9% YoY in the three months to September. The release of the data was delayed from 18 October without an official explanation. The 20th National Congress of China’s…

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