Goldman Sachs says a risk is that China faces a more persistent, Japan-style, slowdown

<p>Goldman Sachs compares the Chinese economy to the US economy, noting its now revised its US recession forecast down to 15%, from 20%.</p><p>More on this here:</p><ul><li><a href="https://www.forexlive.com/news/goldman-sachs-have-revised-the-probability-of-a-us-recession-even-lower-to-15-from-20-20230905/" target="_blank" rel="follow" data-article-link="true">Goldman Sachs have revised the probability of a US recession even lower, to 15% (from 20)</a></li></ul><p>GS also eyeing a stronger USD:</p><ul><li><a href="https://www.forexlive.com/news/goldman-sachs-risks-skewed-towards-sustained-dollar-strength-20230905/" target="_blank" rel="follow" data-article-link="true">Goldman Sachs: Risks skewed towards sustained dollar strength</a></li></ul><p>On China though, not so optimistic:</p><ul><li>China faces short- and long-term challenges from its property market and demographic outlook</li><li>While a "sudden stop" remains unlikely, we see risks of a more persistent Japn-style slowdown</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.