Firms lower China 2024 growth forecast after softer data earlier ...Middle East

This comes after the miss on Q2 numbers earlier today here.Goldman Sachs is cutting their 2024 GDP forecast for China to 4.9%, down from 5.0% previously. Meanwhile, JP Morgan slashed their estimate to 4.7% compared to 5.2% previously. On the revision, JP Morgan continues to argue that the Chinese economy remains "fragile, unstable and uneven". This article was written by Justin Low at www.forexlive.com.

Hence then, the article about firms lower china 2024 growth forecast after softer data earlier was published today ( Monday 15/07/2024 - 11:36 AM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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