Reference News Network, November 28 report. According to the website of U.S. Forbes magazine on November 27, over the past 10 years, short sellers of China have not made much money. Year after year, this Asian largest economy has an amazing ability to achieve its goals despite numerous difficulties.
This refers to Beijing's annual growth target, which is "around 5%". When China announced its 2025 target, the word "around" seemed to play a significant role, considering that the Chinese economy is affected by U.S. tariffs and the deflationary Chinese real estate crisis.
However, those who bet against China's economic outlook for 2025 are experiencing a tough end of the year. Perhaps, those who are bearish on China will face even more challenges in 2026.
Andrew Tilton, Chief Asia-Pacific Economist at Goldman Sachs, and Shen Hui, Chief China Economist, in a new report argue that China's economic growth rate could reach as high as 6% in the coming years. This is their view on the pace of China's economic growth for the next 12 months and beyond.
Tilton and Shen believe that "China's export growth in 2025 was unexpectedly strong, indicating that Chinese products have competitiveness across a wide range of industries compared to global peers." (Translated by Wang Haifang)
Original article: https://www.toutiao.com/article/7577760457952444964/
Statement: The article represents the views of the author. Welcome to express your opinion by clicking the [upvote/downvote] buttons below.