Goldman Sachs cuts China growth projection to 4%
Edited By WION Video Desk
Published: Apr 11, 2025, 06:25 IST | Updated: Apr 11, 2025, 06:25 IST
In recent developments, both Goldman Sachs and China are reacting to the evolving landscape of US tariff policies which have created significant uncertainty in the global markets. Goldman Sachs initially predicted a 65% chance of a US recession due to the tariffs, but quickly retracted this forecast after Trump announced a pause in reciprocal tariffs on April 9.
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