Goldman Sachs cuts its China GDP forecast to 4% on Covid controls


Source: mforbank.com mforbank.com

Key Topics in this News Article:

News Snapshot:

Home > Stock Market > Goldman Sachs cuts its China GDP forecast to 4% on Covid controls Goldman Sachs cuts its China GDP forecast to 4% on Covid controls Stock Market 0 Since March, mainland China has struggled to contain its worst Covid outbreak in two years. Notably, the metropolis of Shanghai, pictured here on May 18, only started this week to begin discussing resumption of normal activity — with a goal of mid-June. Hector Retamal | Afp | Getty Images BEIJING — Goldman Sachs analysts on Wednesday cut their forecast for China’s GDP to 4% after data for April...