Goldman Sachs joins other Wall Street banks in reducing China’s growth forecast
Aerial photo shows the traffic flow on a viaduct in Nanjing, East China’s Jiangsu Province, June 16, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Goldman Sachs has downgraded its growth forecast for China, citing the country’s sluggish economic performance and mounting pressure on its property sector following the coronavirus …