S&P Global cuts China 2023 growth forecast to 5.2% from 5.5%

S&P Global released its latest outlook report on the Chinese economy,  citing a cut to the 2023 growth forecast for China.

The agency trimmed forecasts for China’s Gross Domestic Product (GDP) to 5.2% from 5.5% this year.

“China's recovery should continue but at an uneven pace, S&P Global added.