US EditionUBS lowers forecast for China 2025 GDP growth to 3.4% on tariff hikes
- China’s exports increased by 12.4% in March as companies hurried to avoid higher U.S. tariffs, according to customs administration.
- The trade surplus with the U.S. reached $27.6 billion in March due to a 4.5% rise in exports, according to customs data.
- Analysts predict that shipments will decline in the coming months due to rising tariffs and economic challenges.
30 Articles
30 Articles
Trump's 145% tariffs on Chinese products threaten to preclude the country's access to the world's largest economy
UBS lowers forecast for China 2025 GDP growth to 3.4% on tariff hikes
By Liz Lee and Kevin Yao BEIJING (Reuters) – UBS has downgraded its China GDP growth forecast to 3.4% for 2025, on the assumption that tariff hikes between it and the United States will remain in place and that Beijing will roll out additional stimulus, it said in a report on Tuesday. The Swiss investment bank’s previous forecast for China’s growth this year was 4%. It maintained its 2026 forecast at 3%. The bank also expected China’s exports to…
China's exports rose 12.4 percent in March, with companies stepping up shipments to avoid Trump's tariffs, writes CNBC. Meanwhile, a Reuters poll forecast a growth of just 4.4 percent from the same period last year.Imports fell 4.3 percent, with domestic demand remaining weak.” Exports are likely to weaken in the coming months as U.S. tariffs have exploded,” said Zhiwei Zhang, president and chief economist at Pinpoint Asset Management, adding th…
Coverage Details
Bias Distribution
- 50% of the sources lean Left
To view factuality data please Upgrade to Premium
