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Trucks, 8 April 2025, ranking in the Container Terminal in the port area of the Nanjing Longtan of Jiangsu region.
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Beijing – Tuesday, Citi became one of the first investment firms to reduce China growth forecast to increase trade voltage with the United States
In less than a week, the tariffs for goods from the United States have doubled, and Beijing has returned more duties and restrictions to US enterprises.
Citi analysts reduced the forecasts for China’s gross domestic product this year because as “little space for the transaction between the last escalations between the United States and China”.
On Monday, Natigis also said that the company is reduced to 4.2% of China’s GDP, which is 4.2% to 4.2% this year.
Morgan Stanley and Goldman Sachs have not yet cut their predictions, but they warned the growing risks to reduce the expectations of this week – it is currently a 4.5% increase.
In March, China announced the formal growth Target “would be about 5%“For 2025, but achieving the goal, stressed that it will not be easy.
“The main issue is an increase in the economy,” Hao Zhou’s Chief Economist in Guotai Junan International said that the Gotai Junan International said.
US President Donald Trump announced an additional 50% in tariffs for the United States, and raised up to 34% tasks in all US products on Wednesday after Beijing. As part of a plan for the sweeping of tariffs in more than one country, we said that the White House would add 34% in Chinese goods last week.
At the beginning of this year, 10% of tariffs were combined with two rounds, in 2025 Chinese products have new US tariffs Reached 104%.
Affected affected by new tariffs
The first 50% increase in the start of the positions can reduce Chinese GDP 1.5 percent, and the next 50% increase will drag it with a smaller 0.9 percent point.
Goldman exported China to the United States for about 3 percent of China’s total GDP, Goldman said that the internal value was added to the addition of 2.35 percent and 0.65% investment in the investment of 0.65%.
China is expected to report March 16 in the first quarterly GDP on Monday and 16 April.
Now Nomura expects China to decrease by 2% this year, worse than expected, the company, President of the company, Ting Lu, said in a report on Tuesday.
However, 2025 kept the GDP forecast 4.5%. “Taking into account the extraordinary liquid, it is impossible for the ongoing US-China trade war to influence the economy of China,” he said, “he said, and the forecast has already been a significant heavy tension.
This week, China can reduce financial costs, which causes an increase in growth in the near future, or increasing its financial expenses.
The effects affected by the tariffs can also nourish Beijing calculus, which is likely to reach the ceiling of the US pan, in the US Water, Economist Intelligence Section, in an e-mail
“From the prospects of Beijing, the strategic benefits of a strong revenge, are superior to related economic costs,” he said.
