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China economic growth forecasts continue to be cut

China economic growth forecasts continue to be cut

News
By Eamonn Sheridan
17/05/2022 | 00:50 GMT
  • China GDP forecasts keep getting lowered in the wake of ZeroCovid lockdown policy

Some of the recent moves:

  • Citi has cut its 2022 GDP forecast to 4.2% (vs 5.1% previously)
  • Morgan Stanley 4.2%
  • S&P rating agency 4.2%
  • JPMorgan 4.3%
  • Nomura 3.9%

China's official target is 'around 5.5%'.

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