S&P cuts China GDP forecast as stimulus call mounts – Reuters.com
BEIJING, June 26 (Reuters) – S&P Global cut its forecast for China’s economic growth this year, highlighting the uneven nature of the country’s reopening recovery, increasing calls for further stimulus. S&P now expects China to deliver GDP growth of 5.2% in 2023, down from a previous estimate of 5.5%. It was the first such cut…