US EditionInternational Banks Raise China GDP Forecasts on Strong Economic Data
- China's economy grew by 5.3 percent in the first half of 2025, surpassing expectations, according to the National Bureau of Statistics.
- Major global banks, including Morgan Stanley and UBS, have raised their GDP growth forecasts for China, reflecting improved economic confidence.
- Analysts noted that challenges remain, such as insufficient domestic demand and external uncertainties, as warned by Wang Yiming of the China Center for International Economic Exchanges.
- Despite these challenges, Zhang Yuxian, director of the Department of Economic Forecasting, expressed a relatively high likelihood of achieving 5 percent growth this year.
12 Articles
12 Articles
International banks raise China GDP forecasts on strong economic data
China's economy expanded by 5.3 percent year-on-year in the first half of 2025, exceeding expectations and prompting multiple major international banks to revise their full-year growth projections upward.
The Chinese economy recorded a 5.3% increase in the first half of 2025, overcoming international expectations and reaffirming its resilience in an unstable global economic context.
China's economy recorded a remarkable growth of 5.3 percent year-on-year in the first half of 2025, reaching a gross domestic product (GDP) of approximately 66.05 billion yuan, equivalent to about $9.24 trillion; as reported by China's National Bureau of Statistics (ONE), revealing the resilience of the Asian giant to the trade war launched by Washington.
Good news for the Chinese economy. Despite the trade war with the United States and the crisis in the Chinese real estate market, the second-largest...
China has scored an increase of 5.2% in the second quarter of the year, according to official figures revealed this morning by the National Statistical Office. The Asian giant thus advances towards its annual GDP target, despite the trade war with the United States, the frictions with the European Union and the structural problems of its economy. This figure is only slightly below the previous period, and in that sense greatly improves the tumul…
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