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World Bank raises China growth forecast to 4.8% despite U.S. trade tensions
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6 Articles
6 Articles
World Bank sees momentum slowing in Asia
The World Bank has lifted its 2025 growth projection for China to 4.8% and raised its forecasts for much of the region, but warned of slowing momentum next year, citing low consumer and business confidence and weak new export orders.
·Bangkok, Thailand
Read Full ArticleUPDATE 1-World Bank lifts China 2025 GDP forecast to 4.8% ahead of a slowdown next year
(Adds details, background, quote from paragraph 5 onwards) LONDON, Oct 7 (Reuters) – The World Bank lifted its 2025 growth projection for China to 4.8% and raised its forecast for much of the region, but warned of slowing momentum next year, citing low consumer and business confidence and weak new export orders. Publishing its biannual economic outlook for East Asia and the Pacific region on Tuesday, the World Bank said it now expected China to …
Coverage Details
Total News Sources6
Leaning Left0Leaning Right2Center1Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
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