China Securities Journal:
- Goldman Sachs sees China growth slowing to 7% in 2015
Bloomberg with the headline
More detail from the story:
- Comments from Song Yu, an economist at Goldman Sachs, on January 14
- Goldman says growth may slow on decelerating credit growth and property market adjustment
- China’s reform may accelerate as strong performance of services industry may keep supporting employment
- Chinese government may cut growth target to alleviate pressure on announcement of short-term policies
- Says that the Chinese economy doesn’t face risks of full deflation as decision makers will act promptly against obvious declines in growth and inflation rate
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7% GDP growth for one of the world’s biggest economies? …. Not too shabby at all.