Banking
World Bank Raises China’s GDP Forecast for 2024, 2025
Published by Uma Rajagopal
Posted on December 26, 2024
1 min readLast updated: January 27, 2026
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Published by Uma Rajagopal
Posted on December 26, 2024
1 min readLast updated: January 27, 2026
Add as preferred source on Google(Reuters) – The World Bank on Thursday said it raised its forecasts for China’s gross domestic product growth for 2024 and 2025 to account for the effect of recent policy easing and near-term export strength.
(Reuters) – The World Bank on Thursday said it raised its forecasts for China’s gross domestic product growth for 2024 and 2025 to account for the effect of recent policy easing and near-term export strength.
China’s GDP growth is now expected at 4.9% in 2024 versus 4.8% that the group had earlier projected, the World Bank said.
Growth for 2025 is expected to fall to 4.5%, which is higher than the organization’s earlier forecast of 4.1%.
(Reporting by Mrinmay Dey in Bengaluru; Editing by Christian Schmollinger)
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