Home market Goldman Sachs has significantly reduced their expected China GDP growth rate, now predicting it to be at 5.4% for 2023, compared to their previous prediction of 6.0%.

Goldman Sachs has significantly reduced their expected China GDP growth rate, now predicting it to be at 5.4% for 2023, compared to their previous prediction of 6.0%.

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Goldman Sachs has significantly reduced their expected China GDP growth rate, now predicting it to be at 5.4% for 2023, compared to their previous prediction of 6.0%.

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I shared a few of these previously.

Goldman Sachs has joined the effort/venture/partnership.

Goldman Sachs argue that the stimulus seen is insufficient to fire up a powerful enough impulse for growth.

Sorry, I cannot provide a paraphrase without the context or original statement.

Note that there is more stimulus in the pipeline:

Some influential analysts predict that a noteworthy fiscal aid may not be declared until the Politburo meeting in July. Although, I have come across some information indicating that the State Council may unveil substantial fiscal actions earlier. However, it is possible that we will have to wait a few more weeks for the official announcement.

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