• UBS downgraded China’s GDP growth from 9.3% to 9% for this year, and from 9% to 8.3% for next year. It reasoned that the slowdown would occur because exports would fall in Q4.
  • Deutsche Bank cut its outlook for this year from 9.1% to 8.9% and next years from 8.6% to 8.3%.
  • Morgan Stanley cut its 2012 growth from 9% to 8.7% 
  • Source: Shanghai Daily
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