The GIBS Blog (Gordon Institute of Business Science)

Wall Street cut China’s GDP forecast many times this year. One bank adjusted 6 times

International investment firms have changed their China GDP forecasts nearly every month so far this year, with JPMorgan making six adjustments since January.

That’s according to CNBC analysis of the firms’ notes.

The average prediction among six firms studied by CNBC now stands at 5.1%, close to the “around 5%” target Beijing announced in March. Click here to read the full article

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