ADB raises China's 2025 growth forecast on export resilience

The Asian Development Bank (ADB) has raised its forecast for China's 2025 economic growth by 0.1 percentage point to 4.8%, crediting resilient exports and fiscal stimulus, but held its 2026 view steady at 4.3%, the ADB said in an update to its Asian Development Outlook on Wednesday.

The upward revision reflects China's stronger-than-expected gross domestic product (GDP) expansion of 5.2% in the first three quarters, the bank noted. Looking ahead, the country's resilient exports to non-US markets are likely to result in net exports making a larger-than-previously-forecast contribution to growth during the current October-December quarter. The