HSBC Global Forecast Downgrades Due To Concerns In Emerging MarketsVW Staff
HSBC Global Research revised down its global growth forecast to 2.0 percent for 2013 and 2.6 percent for 2014, according to Stephen King, HSBC's chief economist, and Madhur Jha, HSBC's global economist, in their third quarter global outlook.
HSBC Concerns in Emerging Markets
The downgrade was due to concerns about the outlook in developing countries . . .
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