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Wall Street Banks Lift China Growth Outlook After Bright Quarter

Summary by Bloomberg
At least nine US and international banks raised their forecasts for China’s economic growth this year following better-than-expected data from the second quarter, although they expect the momentum to fade in the coming months.

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China's economy has exceeded expectations, even as tariffs imposed by US President Donald Trump and the prolonged crisis in the real estate sector continue to hurt growth. Official data show that the world's second-largest economy grew 5.2% in the second quarter (April-June), compared with the same period last year. This is [...] The article China's economic growth exceeds expectations — it forged exports before the tariff war with the US first …

China's economic growth was strong, especially in industry.

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UOL broke the news in Brazil on Tuesday, July 15, 2025.
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