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Barclays has lifted its forecast for China’s economic expansion next year, projecting gross domestic product will grow 4.5% in 2025, up from the 4% it previously expected. The revision signals increased confidence in the resilience of the world’s second-largest economy after a prolonged slowdown.
Just in: Barclays cuts Alibaba's price target to $145 from $180, maintaining an Overweight rating. The firm cites competition in food delivery but sees losses as temporary. $BABA #Alibaba #StockMarket
BARCLAYS RAISES CHINA 2025 GDP GROWTH FORECAST TO 4.5% FROM 4%
🇨🇳BARCLAYS RAISES CHINA 2025 GDP GROWTH FORECAST TO 4.5% FROM 4% #CHINA #GDP
