Nomura has slashed its China economic growth forecast for 2022 to 3.9% (from 4.3%)

Nomura are not the only analysts cutting China GDP growth projections for the year.

This earlier on the headwinds (and some tailwinds) for China ahead:

• BoA on negatives for Chinese equities (but have they missed positives?)

China economic data watchers are all too aware that China GDP targets tend to get hit ... by hook or by crook.