
International investment banks raise China's economic growth forecast, "Chinese assets" become the next investment hotspot
On July 15, the National Bureau of Statistics released data showing that the gross domestic product (GDP) in the first half of the year grew by 5.3% year-on-year, an increase of 0.3 percentage points compared to the same period last year and the entire year. Given that China's GDP performance in the first half of the year exceeded expectations, since July 15, several international investment bank research teams have raised their forecasts for China's economic growth. Among the reasons for the upward adjustments, "export resilience" and "policy support" are key terms frequently mentioned by foreign institutions
