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Morgan Stanley cuts China 2023 GDP growth forecast to 4.7% (from 5.0%)

Morgan Stanley cuts China 2023 GDP growth forecast to 4.7% (from 5.0%)
Morgan Stanley has jumped on board to cut its economic growth forecast for China:cuts 2023 GDP growth forecast to 4.7% from their previous forecast at 5.0%cuts 2024 growth forecast to 4.2% from previously at 4.5%Many of the cuts we have had from analysts are back towards the official forecast of 'around 5' (yes, that's right 'aropund' 5% is the official Chinese projection)> MS going under the round number now. Earlier:JP Morgan slashed their China GDP forecast following the ugly data this weekTh... Read More
Posted: Aug 17 2023, 02:33
Author Name: forexlive
Views: 102869

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