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Goldman Sachs upgrades China’s growth forecast amid economic recovery

Summary by WION
Goldman Sachs has recently upgraded its growth forecast for China, highlighting a positive shift in the country's economic landscape. The bank expects China’s gross domestic product to expand 4.9 per cent this year, up from 4.7 per cent previously. It also lifted its growth prediction for next year to 4.7 per cent from 4.3 per cent, according to a report released recently.
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