Morgan Stanley cuts China GDP estimates

Morgan Stanley cut estimates for China's GDP growth of 2001 from 7.5% to 7.4% and that of 2002 from 7.8 to 7% after Salomon Smith Barney and JP Morgan Chase. J.P. Morgan Chase revised the 2001 China's GDP growth forecast to 7.3% from 7.5%, while Salomon Smith Barney cut its 2001 projection to 7.6% from 7.8%.

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