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Pictet WM: China’s economy to slow despite upward revision to GDP forecast

Pictet Wealth Management has raised its 2017 GDP forecast for China from 6.2% to 6.5%, but says this does not change the bank’s expectation that the country’s economic growth will cool moving forward. “We maintain the view that growth will likely decline on a quarterly basis going forward, and that the deceleration may become more noticeable in H2 2017,” says…

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