UBS lowers forecast for China 2025 GDP growth to 3.4% on tariff hikes


— Bloomberg

BEIJING: 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%.

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