HSBC raises forecast for China’s 2025 GDP growth to 4.8%

BEIJING (Reuters) – HSBC on Tuesday upgraded its forecast for China’s 2025 GDP growth to 4.8% from 4.5%.

The bank also revised up its forecast for China’s growth in 2026 to 4.5% from 4.4%.

(Reporting by Beijing newsroom; Editing by Jacqueline Wong)