Asian Development Bank Raises Its Forecast for China Economy Growth

The Asian Development Bank has raised its growth forecast for China's economy this year, signaling improved momentum in the world’s second-largest economy, supported by resilient exports and continued fiscal stimulus.

According to the Manila-based institution, China's economy has demonstrated a degree of flexibility despite heightened global trade uncertainty, driven in part by new US tariff policies and broader geopolitical tensions.

The bank noted that ongoing fiscal support measures have played a key role in stabilizing growth, allowing China's economy to outperform earlier projections amid stronger export performance.

At the regional level, the Asian Development Bank also upgraded its outlook for Asia-Pacific economies, forecasting growth of 5.1% compared with a previous estimate of 4.8%, citing solid economic fundamentals across the region.

However, international institutions continue to warn that structural challenges such as a weak property sector, rising local government debt, and subdued domestic demand could weigh on economic prospects in the medium term.