Goldman Sachs cuts its China GDP forecast to 4% on Covid controls - CNBC


5/18/2022 12:00:00 AM2 years 11 months ago
by Evelyn Cheng

Goldman Sachs analysts cut their forecast for China GDP to 4% after data for April showed a slump in growth as Covid controls restricted business activity.

BEIJING Goldman Sachs analysts on Wednesday cut their forecast for China's GDP to 4% after data for April showed a slump in growth as Covid-19 controls restricted business activity. The new forecast… [+2217 chars]

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