Goldman Sachs Cuts China GDP Forecast to 4.0% by 2025

user avatar

by Giorgi Kostiuk

a year ago

Goldman Sachs has revised its GDP growth forecasts for China amid escalating trade tensions and economic risks.

Goldman Sachs Lowers China's GDP Forecast

Goldman Sachs has lowered its GDP growth forecast for China to 4.0% for 2025. This revision is attributed to rising tariffs and market uncertainties. Chief economist Jan Hatzius emphasized the risks of production disruptions that could have severe impacts on the US economy.

Expected Central Bank Policy Easing

The bank anticipates a prolonged economic slowdown in China, prompting expectations for more aggressive central bank measures, potentially up to 60 basis points in cuts. Investors remain cautious due to potential trade embargoes and economic vulnerabilities.

Trade Tensions Impact on Economy

The current situation recalls the US-China trade conflict of 2018-2019, which resulted in adjusted global economic forecasts without major financial crises. Experts warn of the potential for economic destabilization if tensions escalate.

The overall state of China's economy and rising trade tensions may impact global economic stability, highlighting the need for a cautious approach to policy.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Missouri Faces Federal Court Challenges Over Sports Prediction Contracts

Missouri is facing federal court challenges over its crackdown on sports prediction contracts, with lawsuits filed by companies linked to Cryptocom and Novig arguing for federal oversight instead of state classification as unlicensed gambling.

user avatarJesper Sørensen

Elon Musk Proposes Public Shares Plan Amid AI Discussions

Elon Musk proposed giving shares from Anthropic's Public Benefit Fund directly to the public to support nonprofits and address AI's impact on workers.

user avatarLucas Weissmann

SpaceX Falcon 9 Launch Scheduled for October 19

SpaceX is preparing for a Falcon 9 rocket launch from Cape Canaveral on October 19, 2026, at 6:30 AM ET, which may create a jellyfish effect. Weather conditions currently pose a threat with only a 55% chance of favorable conditions.

user avatarRajesh Kumar

Cardano's Stablecoin Market Surpasses 702 Million

As of October 18, Cardano's stablecoin market has reached a notable milestone, with the total supply of dollar-pegged tokens hitting approximately 702 million.

user avatarFilippo Romano

Aptos Reports Token Burn and Staking Emissions

Aptos has burned approximately 174,570 APT in the last 30 days while issuing around 15 million APT through staking.

user avatarEmily Carter

Cross River Bank Integrates Ripple's RLUSD Stablecoin for Enhanced Payment Solutions

Cross River Bank integrates Ripple's RLUSD stablecoin to enhance payment solutions for fintech customers.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.