Global Macro Service > Research Briefings > China

Coronavirus outbreak prompts downward GDP revision

As the coronavirus outbreak and responses by governments and firms intensify globally, we have revised down our GDP growth forecast for China. We have cut our forecast for growth in Q1 by more than 2 ppts. Even with a rebound in Q2, we now forecast 5.4% growth for 2020, compared with 6% previously.

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