Fitch has slashed its 2025 and 2026 China economic growth forecasts

Fitch analysts on China:

• China 2025 GDP growth forecast has been revised to 4.3% from 4.5%.
• China 2026 GDP growth has been revised to 4.0% from 4.3% in September.
• There are tentative signs of stabilization in the real estate sector, but a prolonged downturn in the property market remains a risk.
• The effective tariff rate on US imports from China is assumed to increase from about 10% to about 35%.

This article was written by Eamonn Sheridan at www.forexlive.com.