Goldman Sachs estimates latest tariffs to weigh on China's GDP growth by a further 1%

03/04/2025 | 09:07 GMT

That will take their estimate for the total drag on the Chinese economy to 1.7%

That being said, they are still maintaining their forecast for China's full year 2025 GDP growth at 4.5%. I'm not sure how their estimate works on that but okay. This was their previous baseline forecast in November last year:

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