UBS lowers forecast for China 2025 GDP growth to 3.4% on tariff hikes

Trump's 145% tariffs on Chinese products threaten to preclude the country's access to the world's largest economy

China Gets Worst 2025 Growth Forecast Yet With UBS Downgrade

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China’s economy will grow just 3.4 per cent in 2025 as US tariffs choke exports, says UBS

Other global banks have cut their outlook for China in recent days. Read more at straitstimes.com.

UBS lowers forecast for China 2025 GDP growth to 3.4% on tariff hikes

By Liz Lee and Kevin Yao BEIJING (Reuters) – UBS has downgraded its China GDP growth forecast to 3.4% for 2025, on the assumption that tariff hikes between it and the United States will remain in place and that Beijing will roll out additional stimulus, it said in a report on Tuesday. The Swiss investment bank’s previous forecast for China’s growth this year was 4%. It maintained its 2026 forecast at 3%. The bank also expected China’s exports to…

China Gets Worst 2025 Growth Forecast Yet With Downgrade by UBS

UBS Group AG added to a series of growth downgrades for China with the most pessimistic forecast among major banks, predicting the economy will expand just 3.4% this year as US tariffs choke exports.

China's exports rose 12.4 percent in March, with companies stepping up shipments to avoid Trump's tariffs, writes CNBC. Meanwhile, a Reuters poll forecast a growth of just 4.4 percent from the same period last year.Imports fell 4.3 percent, with domestic demand remaining weak.” Exports are likely to weaken in the coming months as U.S. tariffs have exploded,” said Zhiwei Zhang, president and chief economist at Pinpoint Asset Management, adding th…