ChinesePublicCompanies.com » GS http://chinesepubliccompanies.com Mon, 21 May 2012 00:55:33 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 In-brief: Goldman Sachs Expects China’s Economy to Grow 9.4% http://chinesepubliccompanies.com/in-brief-goldman-sachs-expects-chinas-economy-to-grow-9-4-061/ http://chinesepubliccompanies.com/in-brief-goldman-sachs-expects-chinas-economy-to-grow-9-4-061/#comments Tue, 11 Aug 2009 17:17:51 +0000 Thom http://chinesepubliccompanies.com/?p=321 Goldman Sachs Group (GS) raised its estimate for China’s 2009 economic growth.

The “vampire squid wrapped around the face of humanity,” also known as Goldman Sachs Group Inc. [[GS]], raised its already strong estimates for China’s 2009 economic growth to 9.4% from 8.3%.

Goldman’s analysts based their increase on the country’s “strong momentum” combined with it being unlikely that the government will take immediate steps to slow growth out of inflationary concerns.

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