Citi Lowers China Growth Forecast
This is a China news story, published by CNBC, that relates primarily to Goldman Sachs news.
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Wall Street starts to cut China growth forecasts as trade tensions with U.S. escalate

78% Informative
Citi analysts cut their forecast for China 's gross domestic product to 4.2% this year , down by 0.5 percentage point.
Goldman Sachs analysts cautioned that additional U.S. tariffs on China have a diminishing negative impact on the world's second -largest economy.
Morgan Stanley and Goldman Sachs have not yet cut their forecasts, but warned of increasing downside risks to their expectation — currently both predict 4.5% growth.
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