ICYMI: Barclays cut its forecast for China 2023 GDP growth to 5.3% (from 5.6%)

This earlier:

• ICYMI - Nomura has lopped its 2023 China GDP forecast to 5.5% from 5.9% - "losing steam"

Barclays are similar:

• analysts at the bank cut the forecast for 2023 GDP growth to 5.3%
• previously at 5.6%
• Q2 GDP forecast was lowered to 7.8% y/y from 8.4%

Barclays cite weakening demand hitting both housing and consumption.