China retail sales, industrial data grow faster than expected in October -
Everything Everywhere - 15-11-2023
Evelyn Cheng
@CHENGEVELYN
In the last few weeks, top policymakers have announced more support for the economy, primarily struggling local governments.
The International Monetary Fund last week cited Beijing’s policy announcements as a reason to raise its China growth forecast for the year to 5.4%. The IMF also raised its 2024 growth forecast to 4.6%.