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“Morgan Stanley” raises its forecast for China’s economic growth next year

Morgan Stanley raised its forecast for China’s economic growth next year, noting that a rapid restart after the “zero Covid” policy and continued steps toward policy easing will support the economy.

And according to Bloomberg, the bank’s economists wrote in a note on Tuesday that they expect China’s GDP to grow 5.4% in 2023 instead of 5% previously, and mobility and economic activity to rebound by the end of the first quarter to levels not recorded since June and July of this year.

And US bank economists expect the continuation of the recovery to levels higher than before the epidemic during the rest of 2023.

They explained that although the growth of the economy may suffer some pains in the near term at the beginning of next year with the epidemic cases reaching their peak and disruption to production and consumption, the risks to the supply chain may be manageable compared to the damage caused by virus-related closures.

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لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.

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92 Members

28 Board of Directors

17 Country

300.000 Employees

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