“Goldman Sachs’s Li Cui and her team revised their Q4 2012 Chinese GDP growth forecast to 7.8 percent year-over-year, up from 7.6 percent.
The revision in fourth quarter data is based on better than expected “production-side data” namely better fixed asset investment and industrial production data.
Goldman analysts also revised their 2013 GDP forecast to 8.2 percent, up marginally from 8.1 percent….”
If you enjoy the content at iBankCoin, please follow us on Twitter
