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Goldman Sachs warn property weakness likely a multi-year growth drag on China’s economy

Goldman Sachs warn property weakness likely a multi-year growth drag on China’s economy
Bloomberg say the drop in iron ore today, its first in nine sessions, is "as Goldman Sachs Group Inc. warned that property weakness would likely be a multi-year growth drag for China’s economy."GS says:it sees persistent problems in Chinese real-estateno quick fixproperty recovery likely to be “L-shaped”didn’t expect more housing-specific stimulus and suggested Beijing would likely seek to reduce economic and fiscal reliance on the sector This article was written by Eamonn Sheri... Read More
Posted: Jun 12 2023, 03:20
Author Name: forexlive
Views: 081210

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