BofA upgrades China's 2023 GDP growth forecast to 6.3%
April 21 (Reuters) - BofA Global Research on Friday raised its forecast for China’s 2023 gross domestic product (GDP) growth to 6.3%, saying it expects the strong credit impulse in the first quarter will lift cyclical growth momentum in the next couple of quarters.
BofA’s prior forecast was 5.5%. (Reporting by Reshma Rockie George in Bengaluru; Editing by Savio D’Souza)