China’s economy is recovering well, recovery expected to accelerate next year, finds KPMG China analysis
HONG KONG SAR - Media OutReach - 13 December 2022 - KPMG China released its China Economic Monitor report for Q4 2022. According to the report, China's economy grew by 3.0% year-on-year (yoy) in the first nine months of 2022, with Q3 growing by 3.9%, 3.5 percentage points higher than Q2, and better than market expectations.