Covid-19, property, heatwaves erode recovery as China’s GDP forecasts cut - South China Morning Post


8/18/2022 12:00:00 AM2 years 8 months ago

Global investment banks Standard Chartered, Goldman Sachs and Nomura have all cut their 2022 economic growth forecasts for China, with new Covid-19 outbreaks and trouble in the property sector cited as key concerns.

Published: 4:59pm, 18 Aug, 2022 Updated: 11:12pm, 18 Aug, 2022

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