Morgan Stanley makes a contrary call on China, upping its 2012 GDP forecast from 8.4% to 9%...

|About: Morgan Stanley China A S... (CAF)|By:, SA News Editor

Morgan Stanley makes a contrary call on China, upping its 2012 GDP forecast from 8.4% to 9% as its analysts expect additional stimulus after disappointing data early this year. Morgan also raises its estimate for world GDP growth to 3.7% from 3.5%, with the big revision in China being the reason.