Now factoring in an EU recession, Barclays cuts its 2012 GDP growth forecast for China to 8.1%...

|By:, SA News Editor

Now factoring in an EU recession, Barclays cuts its 2012 GDP growth forecast for China to 8.1% from 8.4%, with growth slowing to 7.8% in Q1 before picking up later in the year. The group also sees inflation, currently tripping along near 6%, sharply dropping to 3.2%.