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Economists raise China growth forecasts as exports improve

Bloomberg
Bloomberg • 3 min read
Economists raise China growth forecasts as exports improve
China’s economy may expand 5%, up from the 4.9% projected in May, according to the median of 68 estimates. Photo: Bloomberg
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The outlook for China’s exports is set to improve, buttressing growth in the world’s second-biggest economy even as consumer spending slows, according to a Bloomberg survey of economists.

Exports are expected to climb 4.3% this year from a year ago, according to the median forecast of 22 economists surveyed over June 17-24. That is a jump from the 2.8% gain forecast in a May survey.

China’s economy may expand 5%, up from the 4.9% projected in May, according to the median of 68 estimates.

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