Home ADB cuts China’s 2020 GDP forecast to 2.3%

ADB cuts China’s 2020 GDP forecast to 2.3%

Published date: 3 Apr. 2020 | 03:47

In its latest growth outlook, the Asian Development Bank (ADB) on Friday, lowered its 2020 GDP growth forecast for China.

Key quotes

ADB slashes China’s 2020 GDP forecast to 2.3% vs. 5.2% previous estimate.

Sees China much lower this year.

China’s 2021 growth forecast seen unchanged at 7.3%.

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