World Bank raises China growth forecast to 4.8% despite U.S. trade tensions

Key Points

The World Bank predicts China’s economy will grow by 4.8% this year.
It had forecast 4% growth in April, when the U.S. briefly ramped up tariffs on Chinese imports to more than 100%.
The bank projects China’s GDP growth to ease to 4.2% in 2026, partly due to a slowdown in exports growth.

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