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Goldman Sachs says a risk is that China faces a more persistent, Japan-style, slowdown

Goldman Sachs says a risk is that China faces a more persistent, Japan-style, slowdown
Goldman Sachs compares the Chinese economy to the US economy, noting its now revised its US recession forecast down to 15%, from 20%.More on this here:Goldman Sachs have revised the probability of a US recession even lower, to 15% (from 20)GS also eyeing a stronger USD:Goldman Sachs: Risks skewed towards sustained dollar strengthOn China though, not so optimistic:China faces short- and long-term challenges from its property market and demographic outlookWhile a "sudden stop" remains unlikely, we... Read More
Posted: Sep 6 2023, 00:52
Author Name: forexlive
Views: 112249

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