Allianz安联：2024年行业地图集：被挤压的、被边缘化的以及被赋能的行业报告（英文版）

Heavy political agenda to test global economic resilience once more. Global growth bottomed out in H1, but the global manufacturing sector is still in excess supply, and demand remains sluggish especially in the Eurozone. We expect global GDP growth at +2.8% in 2024 and 2025, with growth slowing to +1.7% in the US and reaching +1.4% in 2025 in the Eurozone. China will continue to manage its growth slowdown (+4.3% in 2025). •Corporate earnings towards a recovery? The latest earnings season has