Goldman Sachs cut their targets for Chinese stock indexes for a second time this month ...Middle East

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Goldman Sachs cut their targets for Chinese stock indexes for a second time this month

Goldman Sachs cut their targets for Chinese stock indexes for a second time this month

12-month target for the MSCI China Index was cut to 75 from 81CSI 300 Index was lowered to 4,300 from 4,500

GS cite heightened trade tensions with the US:

    tension has soared to unprecedented levelsconcerns about global recessiondecoupling risks between the two largest economies globally in other strategic cohorts, notably capital markets, technology, and geopolitics

    Info via Bloomberg.

    This article was written by Eamonn Sheridan at www.forexlive.com.

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