China's GDP growth to slow down to 4.6% reflecting subdued consumer sentiment: UN report
The UN forecasts a global economic slowdown to 2.4% in 2025, citing trade tensions and geopolitical instability. China's growth is projected to decrease to 4.6%, impacted by weak demand and property sector issues. Policy measures and fiscal expansion are expected to mitigate the impact, while emerging economies also face downward revisions due to commodity prices and investment.
The UN forecasts a global economic slowdown to 2.4% in 2025, citing trade tensions and geopolitical instability. China's growth is projected to decrease to 4.6%, impacted by weak demand and property sector issues. Policy measures and fiscal expansion are expected to mitigate the impact, while emerging economies also face downward revisions due to commodity prices and investment. What's Your Reaction?
