Goldman Sachs has become the latest Wall Street bank to cut its growth forecast for China, as the world’s second-largest economy continues to lose momentum with persistently weak confidence. Experts believe the Chinese communist regime’s stimulus measures to remedy this won’t be effective due to macroeconomic issues. Goldman Sachs’s analysts lowered China’s 2023 gross domestic…
Goldman Sachs Cuts China Growth Forecast While Experts Predict Beijing’s Stimulus Measures Will Be Ineffective
June 20, 2023
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