Barclays cuts China GDP after forecasting U.S., Europe recession
Written by Black Hot Fire Network on November 4, 2022
China's export growth has slowed in recent months after surging during the height of the pandemic globally. Pictured here is a wind turbine blade being loaded onto a cargo ship at Yantai Port on Nov.1, 2022.
Vcg | Visual China Group | Getty Images
BEIJING — Barclays cut its forecast for China's economic growth next year to 3.8%, based partly on expectations of a drop in global demand for Chinese goods.
The firm's U.S. and European economics teams 
