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More from Goldman Sachs - reasons for slashing their China growth forecast

The news and in brief reasoning is here from earlier:Goldman Sachs have taken a knife to their China GDP forecasts: 5.4% for 2023 (6.0% prior)And other analysts are also cutting:ICYMI - Nomura slashes its forecast for China's 2023 GDP growth to 5.1% from 5.5%UBS revised down its China 2023 GDP growth forecast to 5.2%, from 5.7% previouslyMore from Goldman Sachs, citing as reasoning for their downgraded forecast:upcoming policy easing is unlikely to exceed those implemented in previous downturnsP... Read More

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Posted: Jun 19 2023, 04:30

Author Name: forexlive

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