Truce dividend: Container vessels in Suzhou, China. Experts say the country could avoid a contraction in exports this year thanks to the pause in tariffs. — AFP
New York: Goldman Sachs Group Inc and other major banks have boosted their forecasts for China’s economic growth this year, citing a better outlook for exports following the tariff truce with the United States.
Economists at Goldman Sachs, JPMorgan Chase & Co, ING Groep NV and Bloomberg Economics this week lifted their projections to 4.6% or above from as low as 4% previously.
