Goldman, others cut China GDP growth forecasts on energy supply crunch

September 28, 2021 8:18 AM

SHANGHAI (REUTERS) – Goldman Sachs has cut China’s economic growth forecast for 2021 to 7.8 per cent, from 8.2 per cent, as energy shortages and deep industrial output cuts add “significant downside pressures”, it said in a note on Tuesday (Sept 28).

Source : http://www.straitstimes.com/business/economy/goldman-others-cut-china-gdp-growth-forecasts-on-energy-supply-crunch