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JPM Cut China Growth Forecasts

CHINA
  • Reuters reports JPMorgan cutting China Q3 growth forecast by 1 percentage point to 9.5% Q/Q.
  • They also cut their Q4 growth forecast by 0.5 percentage points, putting the full year growth forecast at 3.0% (Prev. 3.2%).
  • 2023 growth forecast cut to 4.6% from 5.1%.

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