Economics
Goldman Lowers China 2022 Growth Forecast to 4.3% on Omicron
- New forecast, down from 4.8% before, is below Bloomberg median
- Morgan Stanley also sees risk to growth forecast for 1Q
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Goldman Sachs Group Inc. cut its forecast for China’s economic growth this year to 4.3% due to the increased difficulty of containing the more-contagious omicron coronavirus variant.