Goldman Sachs Reacts to Q2 GDP Data with Slight Downward Revision
Tuesday, 16 July 2024, 00:04
Goldman Sachs Forecast Adjustment
Goldman Sachs has revised its growth forecast for China in 2024 from 5.0% to 4.9%, reflecting concerns over economic performance.
Response to Q2 GDP Data
The revision was prompted by the poor GDP data released for the second quarter, indicating potential difficulties in China's economic trajectory.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.