Barclays decreases China's growth forecast

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AFP

Barclays Capital cut China's GDP growth forecast from 8.4% to 8.1% for 2012 citing the downturn in the euro-zone. Investments are expected to fall next year but domestic consumption will play a role of stabilizing factor, reported Barclays. CPI is expected to ease from 5.5% projected in 2011 to 3.2% in 2012 due to decline in exports and risk of overcapacity, Barclays added.

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