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World Bank cuts China growth forecast to 2.7%

The World Bank said that it slashed its forecast to 2.7% from the 4.3% predicted in June. It also revised its forecast for next year from 8.1% down to 4.3%. ....

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China GDP: headwinds from coronavirus, property market slump see provinces lower economic growth targets for 2022

The provinces of Zhejiang, Anhui, Chongqing, Sichuan and Hunan this week lowered their economic growth targets for 2022, underscoring the challenges facing China’s economy. ....

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