ANZ Lowers China 2025 GDP Growth Forecast to 4.2% from 4.8% Amid U.S. Tariff Concerns; 2026 Forecast at 4.3%

ANZ has downgraded its GDP growth forecast for China for 2025 to 4.2%, down from a previous estimate of 4.8%. The bank also revised its forecast for 2026, lowering it to 4.3% from 4.5%. The adjustments are attributed to external shocks stemming from U.S. tariffs and a slowing economy, alongside uncertainties in global trade. This revision reflects ongoing concerns regarding economic conditions in China and potential impacts from international trade policies.