Fitch has slashed its 2025 and 2026 China financial progress forecasts

Fitch analysts on China:

• China 2025 GDP progress forecast has been revised to four.three% from four.5%.
• China 2026 GDP progress has been revised to four.zero% from four.three% in September.
• There are tentative indicators of stabilization in the actual property sector, however a chronic downturn within the property market stays a threat.
• The efficient tariff fee on US imports from China is assumed to extend from about 10% to about 35%.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



Source link