2012 growth in China expected to be weak

By | 13 April 2012 | 1 minute read

2012 consensus forecasts of China’s GDP growth are overoptimistic, says Thomas Gitzel, senior economist at VP Bank. The Lichtenstein-based boutique private bank believes that the 8.1% y-o-y GDP growth in the first quarter of 2012 is a sign that the consensus forecast of 8.4% annual GDP growth in 2012 in China may be overstated. Gitzel expects the upcoming quarters to…

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