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China GDP: annual forecasts cut to below Beijing's target due to weak exports, property crisis

China has officially forecast growth of ‘around 5 per cent’ this year, but with exports having fallen in each of the last four months and with an ongoing crisis in the property market, financial institutions have lowered their forecasts. ....

Hong Kong , Sheena Yue , Edwin Lai , International Monetary Fund , Xinhua News Agency , Goldman Sachs , Oxford Economics , Economic Development , Hong Kong University ,