# Morgan Stanley bumps up China growth, stocks and yuan forecasts

> Morgan Stanley raised its China growth forecast by 0.3 percentage points to 5.7% and lifted its yuan target. The bank said the market was underappreciating the effects of China's reopening. The note covers growth, stocks and currency views.

- Date: 2023-01-10 · published 2023-01-10T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/37988-morgan-stanley-bumps-up-china-growth-stocks-and-yuan-forecasts
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A stronger China growth outlook could support demand for feed commodities over time. The yuan forecast change has little direct effect on feed prices.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2026-05-18 | [Global banks raise yuan forecasts, fuelled by China's export strength and stable US ties \| Reuters](https://feedsoft.ai/events/19487-global-banks-raise-yuan-forecasts-fuelled-by-china-s-export-strength-and-stable.md) | -0.2% | -0.8% |
| USDCNY | 2023-06-27 | [Asian stocks, yuan perk up on brighter China prospects](https://feedsoft.ai/events/10495-asian-stocks-yuan-perk-up-on-brighter-china-prospects.md) | +0.0% | -1.4% |
| USDCNY | 2017-06-01 | [Yuan's Forecasters Getting It Wrong as China Jolts Markets - Bloomberg](https://feedsoft.ai/events/70728-yuan-s-forecasters-getting-it-wrong-as-china-jolts-markets-bloomberg.md) | -0.2% | -0.2% |
| USDCNY | 2018-02-07 | [US dollar will stay weak if China has its way: Morgan Stanley - The Business Times](https://feedsoft.ai/events/7107-us-dollar-will-stay-weak-if-china-has-its-way-morgan-stanley-the-business-times.md) | +0.9% | +0.6% |
| USDCNY | 2025-02-24 | [China's Yuan Hits Three-Month Highs Amid Dollar Weakness and Stock Market Gains](https://feedsoft.ai/events/26299-china-s-yuan-hits-three-month-highs-amid-dollar-weakness-and-stock-market-gains.md) | +0.5% | -0.0% |

## Sources

- reuters.com: https://www.reuters.com/markets/asia/morgan-stanley-bumps-up-china-growth-stocks-yuan-forecasts-2023-01-10/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.