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Citi and Goldman Sachs Slash China's 2025 Growth Forecast

4/9/2025

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Summary

Story summary

Citi has revised China's GDP growth forecast for 2025 down to 4.2%, citing increasing external threats like US tariffs. Meanwhile, Goldman Sachs warns that growth could dip by 2.4 percentage points, jeopardizing the ambitious 5% target. These mounting trade tensions threaten to shake global markets and disrupt supply chains, raising concerns worldwide.

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Story summary

Citi has revised China's GDP growth forecast for 2025 down to 4.2%, citing increasing external threats like US tariffs. Meanwhile, Goldman Sachs warns that growth could dip by 2.4 percentage points, jeopardizing the ambitious 5% target. These mounting trade tensions threaten to shake global markets and disrupt supply chains, raising concerns worldwide.