Nomura cuts its China economic growth forecast further, 2023 GDP projection now to 4.3%

An ugly bandwagon this one, analysts piling on the slash growth forecasts from China in light of ongoing woes hitting the economy.

This earlier:

• Goldman Sachs jump on board, slash their China GDP forecast for 2023 to 4.5%, from 5.3%

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Nomura 2023 forecast now is 4.3% GDP growth

• from 5.1%