Goldman shaves its China 2012 growth forecast to 8.6% from 9.2%, citing a weakening global...

|By:, SA News Editor

Goldman shaves its China 2012 growth forecast to 8.6% from 9.2%, citing a weakening global economy and soft residential investment. Beijing will likely opt for more easing, but Goldman says its ability to move the needle will be constrained by out-of-control off-balance-sheet lending.