Two investment banks cut their China GDP forecasts even lower
- UBS cut its forecast to 3%, down from 4.2% previously and the lowest among estimates tracked by CNBC.
- JPMorgan slashed its forecast to 3.7% growth, down from 4.3%.
- Both marked the third reduction in a few months.
https://www.cnbc.com/2022/05/26/two-investment-banks-cut-their-china-gdp-forecasts-even-lower.html
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