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Morgan Stanley Cuts China GDP Forecasts for 2023, 2024

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August 18, 2023

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"What we are watching is the fiscal policy response. And to the extent to which that has not been coming through, we had to bring in the growth numbers lower." Chetan Ahya, chief Asia economist at Morgan Stanley, explains why the bank now sees China's gross domestic product expanding 4.7% this year, down from an earlier projection of 5%. Morgan Stanley also lowered next year’s forecast to 4.2% from 4.5%. Ahya speaks with Yvonne Man and David Ingles on "Bloomberg Markets: Asia."

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Chetan AhyaMorgan StanleyYvonne ManDavid InglesBloomberg Markets AsiaFollow BloombergTwitter Facebook Instagram

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