Standard Chartered raises China 2026 GDP growth forecast to 4.6%
It cited the country’s resilient exports and continued gains in productivity
[BEIJING] Standard Chartered revised its forecast for China’s 2026 gross domestic product growth to 4.6 per cent from 4.3 per cent, citing the country’s resilient exports and continued gains in productivity, it said in a note released on Monday (Dec 1).
China’s exports are expected to remain competitive, aided by reduced trade tensions with the United States after both sides struck a truce, while an improvement in China’s total factor productivity is likely to further support growth, the analysts said.
Standard Chartered expects the Chinese government to set a growth target for 2026 at 4.5 per cent-5.0 per cent, according to the note. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
MAS convenes bank CEOs over AI cyberthreats; boards told to own risks, not leave to IT teams
Is it time to scrap COE categories for cars?