China: 2022 GDP forecast cut to 4% YoY vs. 4.5% – Goldman Sachs China GDP EconomicIndicator Banks Growth
Goldman Sachs has cut its 2022 China GDP forecast to 4% from 4.5% YoY and has cut the Q2 estimate to 1.5% YoY vs. 4% previous.“Full-year growth is based on the assumption that Covid will remain mostly under control and that the property market improves.”“The Chinese government's forecast for GDP growth this year is around 5.5.'”
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