Morgan Stanley has revised its predictions for China’s economic growth, citing a decline in investment resulting from a slump in the property market and financial pressure on local governments.
![](https://krugmaninsights.com/wp-content/uploads/2023/08/Morgan-Stanley-And-EY-Top-Financial-Advisers-In-Asia-Pacific-During-COVID-19-Pandemic-1-1024x737-1.jpg)
Morgan Stanley has revised its predictions for China’s economic growth, citing a decline in investment resulting from a slump in the property market and financial pressure on local governments.
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