UBS cuts China 2023 GDP growth forecast again, now to 4.8% from 5.2% previously

<p>And they likely won't be the only ones revising lower the growth outlook for the Chinese economy. Things are certainly not looking good in China and the lack of fiscal support is really not helping I would say. Even the rate cut today is failing to convince domestic markets and that says a lot about the confidence flowing through at the moment.</p>

This article was written by Justin Low at www.forexlive.com.