Morgan Stanley cuts China’s 2023 economic growth forecast to 4.7%

Morgan Stanley cuts China’s 2023 economic growth forecast to 4.7%

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Morgan Stanley MS-N is the latest among some of the major brokerages to cut China’s economic growth forecast for this year, following a spate of disappointing data from the country and worries over its embattled property sector. The Wall Street bank now sees China’s gross domestic product (GDP)…

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