Citi slashes China GDP growth forecast for this year to 4.2%

Economists as Citi previously said that the tariffs could knock China overall exports by over 15% in 2025, before taking into account measures from Beijing to mitigate the impact. As a reminder, Chinese authorities had set out to seek a target of around 5% growth in the economy for this year.

This article was written by Justin Low at www.forexlive.com.