World Bank: China’s growth to slow to 4.3% in 2025
The World Bank has projected that China’s economic growth rate will decline to 4.3% in 2025, down from an estimated 4.8% in 2024, despite recent stimulus measures aimed at boosting the economy. This forecast comes after Beijing’s efforts to increase investor confidence, which led to a temporary stock market rally that has since diminished. The World Bank noted that consumer concerns over declining salaries and property income, coupled with persistent challenges such as an aging population and rising global tensions, are contributing to weak consumer spending. Experts suggest that the effectiveness of the stimulus in stimulating consumer demand remains uncertain, as it primarily focuses on supply and investment.