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Bank of America lowered their 2023 China GDP forecast to 5.1% from 5.7% previously
BoA jumping on board with the GDP projection cuts for China. There have been plenty this week:ICYMI - Morgan Stanley cut its China 2023 and 2024 growth forecastsDeutsche Bank cuts China full year GDP growth forecast to 5.3% from 6.0% previouslyJP Morgan slashes China full year GDP growth forecast to 5.0% from 5.5% previouslyAnd before last week also:Goldman Sachs have taken a knife to their China GDP forecasts: 5.4% for 2023 (6.0% prior)ICYMI - Nomura slashes its forecast for China's 2023 GDP gr...
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Posted: Jul 20 2023, 03:35
Author Name: forexlive
Views: 080941