Morgan Stanley slashes its China 2022 GDP growth forecast to 4.2%
|Analysts at Morgan Stanley revised down China’s 2022 GDP growth forecast to 4.2%, in line with the downgrade by Bank of America and Nomura over the last week.
The US banking giant noted that COVID-19 disruption across the economy is leading to the cuts in GDP projections.
On Monday, Analysts at Morgan Stanley lowered their forecasts for Eurozone GDP growth this year and the next to 2.7% and 1.3% respectively.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.