Morgan Stanley expects China's GDP to grow slowly at 4.7% this year, U.S. to grow rapidly at 1.6%
Morgan Stanley has cut China's growth forecast for this year on the back of property woes. It now sees China's gross domestic product (GDP) growing a very slow 4.7% this year, down from an earlier forecast of 5%.
On the other hand, Morgan Stanley expects the U.S. to grow rapidly by 1.6% this year.
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High Profit Low Loss : It’s ok, we can wait for China as long as there’s a glimmer of hope!
bullrider_21 OP High Profit Low Loss : I like your positive attitude. It's ironic that Western media say 4.7% is slow and 1.6% is fast.
High Profit Low Loss bullrider_21 OP : Their mindset is just bias
bullrider_21 OP :