Goldman Sachs jumps on board and cuts its 2023 China GDP forecast to 4.5% from 5.3%


Goldman Sachs with the deep cut in their forecast for China’s economic growth next year.

GS was looking for +5.3% in 2023

Up to a projection of 4.5% now.

The Chinese economy faces many headwinds, almost all of which can be attributed to poor priorities and poor policy choices:

  • zero lust
  • collapse of the real estate sector in the event of a disaster
  • launch missiles at Taiwan to distract people
  • President Xi’s resolute pursuit of power, seeking an eternal presidency, whatever the cost

Chinese President Xi is seeking to meet the president. Biden


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