- Analytics
- News and Tools
- Market News
- China’s economy to expand 5.2% in 2022 vs. 5.6% previous estimate – Goldman Sachs
China’s economy to expand 5.2% in 2022 vs. 5.6% previous estimate – Goldman Sachs
Analysts at Goldman Sachs slash China’s 2022 GDP growth forecasts to 5.2% vs. 5.6% projected earlier amid the government’s efforts to reduce property debts.
Key quotes
“China’s economy will probably expand 5.2% next year, down from a previous projection of 5.6%.”
“On a year-on-year basis, growth is set to slow to 3.1% this quarter.”
“The long-term policy direction such as property deleveraging remains unchanged as evidenced by the latest news on starting property tax trials in select cities.”
Read: China warns of further spread in latest COVID-19 flare-up
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
