Goldman Sachs Cuts China Growth Forecast: What’s Behind the Decision?
The Effects of Lowered China GDP Forecasts by Analysts Goldman Sachs’ Forecast Revisions In a recent update, Goldman Sachs announced that they have revised their China GDP forecast for the year 2023 from 6.0% to 5.4%. This drastic downward revision comes as a surprise to many, signaling potential economic challenges ahead for China. Other Analysts…