Goldman raises China’s growth forecasts

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I posted an update on China’s growth outlook a few days ago and said that the Chinese PMI seems to indicate that the country might have seen the worst of the growth statistics. I also referred to a report by BCA Research, stating that “a broad range of macro indicators suggest that the economy may have begun to rebound”. Interestingly, a “flash” report by the Asian team of Goldman Sachs has just been published in which they have significantly raised their real GDP growth forecasts for China for 2009 and 2010. […]

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Rebecca Wilder’s economic updates (April 16 – 23): Expected to slide through 2009

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This post is a guest contribution by Rebecca Wilder, author of the News N Economics blog, analyzing the past week’s global economic reports in order to get a feel for world economic trends. […]

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