Breaking News: Citi Lowers China Forecast for 2023 to 5.5% from 6.1%
Citi Cuts China’s 2023 GDP Growth Forecast: What Does This Mean for the Economy? Introduction Recently, Citi made headlines by lowering its forecast for China’s 2023 GDP growth to 5.5% from 6.1%. This decision has sparked concerns among investors and economists, especially given the slew of similar downgrades from other major financial institutions. What’s Happening?…