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UBS upgrades China GDP forecast on back of stronger Q4 growth

UBS has revised up its China GDP forecast on the back of stronger-than-expected Q4 growth and expects further modest policy support in 2024. The slightly stronger Q4 GDP growth and the revision of QoQ growth in the previous quarters pushed UBS’s 2024 annual growth forecast to 4.6% from the previously envisaged 4.4%, with no revision to their QoQ sequential growth…

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