Tue, 18 Sep 2012 08:51:03 GMT
Barclays cut its forecast for China's GDP growth
Barclays revised its forecast for China's GDP growth downward from the original of 7.9% to 7.5% amid weak data in August, the bank reported on Monday. In addition, the bank cut GDP growth forecast for 2013 from 8.4% to 7.6%. Economists of Barclays stressed that current slowdown is a combination of cyclical and structural changes.