Here's your summary from Economists Upgrade China Growth Forecast | Bloomberg: The China Show 5/29/2024 (https://www.youtube.com/watch?v=4jPP5dPkw8Q) on the Bloomberg Television channel:
**TLDR:** Economists upgrade China's growth forecast, Aussie inflation numbers exceed estimates, and Taiwan passes legislation curbing new president's powers.
1. Economists upgrade China's growth forecast for the year, expecting a flat to slightly lower open in the market.
2. Aussie inflation numbers come in higher than estimated at 3.6%, causing ASX 200 to drop by 1%.
3. Taiwan passes legislation that could limit the authority of the new president, sparking protests and intense debate.
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