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China to “come close” to 5% GDP growth target in 2024: UBS GWM

Photo by Freeman Zhou on Unsplash

UBS Global Wealth Management Chief Investment Office (UBS GWM CIO) has said it believes that China will “come close” to reaching its potential 5% GDP growth target for 2024. In addition, the chief investment office continues to see opportunities in China, but recommends a defensive positioning in the short term, pivoting towards growth if policy developments move towards an upside…

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