• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Nomura cuts China 2021 growth forecast to 7.7% from 8.2%

September 24, 2021 by David Barret Leave a Comment

September 24, 2021

BEIJING (Reuters) – Analysts at Nomura cut their forecast for China’s annual gross domestic product (GDP) growth in 2021 to 7.7% from 8.2% on Friday, citing the impact of factories pausing operations amid power outages and environmental policies.

“Over recent weeks, a surging number of factories across China have been forced to cease operations,” due to higher coal prices hitting power supplies and government mandates to meet carbon emission reduction targets, they said in a note.

This downward pressure on growth comes on top of curbs on the property sector which have added to the debt woes of struggling property giant China Evergrande Group, they added.

(Reporting by Gabriel Crossley; Editing by Simon Cameron-Moore)

Source Link Nomura cuts China 2021 growth forecast to 7.7% from 8.2%

David Barret
David Barret

Related posts:

  1. Soccer-Poland say no racism in Glik’s bust-up with England’s Walker
  2. Epic Games to shut down Houseparty in October, including the video chat ‘Fortnite Mode’ feature
  3. UK’s slow growth and rising inflation gives BoE headache – PMIs
  4. Bank of England nudges up inflation outlook, split over QE widens

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • For The First Time, We’ve Found Evidence Climate Change Is Attracting Invasive Species To Canadian Arctic
  • What Are Microfiber Cloths, And How Do They Clean So Well?
  • Stowaway Rat That Hopped On A Flight From Miami Was A “Wake-Up Call” For Global Health
  • Andromeda, Solar Storms, And A 1 Billion Pixel Image Crowned Best Astrophotos Of The Year
  • New Island Emerges In Alaska As Glacier Rapidly Retreats, NASA Satellite Imagery Shows
  • With A New Drug Cocktail, Scientists May Have Finally Found Flu’s Universal Weak Spot
  • Battered Skull Confirms Roman Amphitheaters Were Beastly For Bears
  • Mine Spiders Bigger Than A Burger Patty Lurk Deep In Abandoned Caves
  • Blackout Zones: The Places On Earth Where Magnetic Compasses Don’t Work
  • What Is Actually Happening When You Get Blackout Drunk? An Ethically Dubious Experiment Found Out
  • Koalas Get A Shot At Survival As World-First Chlamydia Vaccine Gets Approval
  • We Could See A Black Hole Explode Within 10 Years – Unlocking The Secrets Of The Universe
  • Denisovan DNA May Make Some People Resistant To Malaria
  • Beware The Kellas Cat? This “Cryptid” Turned Out To Be Real, But It Wasn’t What People Thought
  • “They Simply Have A Taste For The Hedonists Among Us”: Festival Mosquito Study Has Some Bad News
  • What Is The Purpose Of Those Lines On Your Towels?
  • The Invisible World Around Us: How Can We Capture And Clean The Air We Breathe?
  • 85-Million-Year-Old Dinosaur Eggs Dated Using “Atomic Clock For Fossils” For The First Time
  • Why Shouldn’t You Kiss Babies? New Study Shows Even Healthy Newborns Can Become Severely Ill With RSV
  • Earth Has A New Quasi-Moon – And It Has Probably Been Around For Decades
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version