Moody's Ratings raises China 2025 GDP forecast to 4.2% from 4.0%
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FILE PHOTO: People walk past a lane lined up with restaurants, at a shopping area in Shanghai, China September 28, 2024. REUTERS/Tingshu Wang/File Photo
HONG KONG (Reuters) - Moody's Ratings said it had raised China's 2025 GDP growth forecast to 4.2% from 4.0%, as it expected credit conditions to stabilise and Beijing's stimulus efforts since September to mitigate some impact from potentially higher U.S. tariffs. The comments were made in a report published on Monday.
(Reporting by Farah Master and Ryan Woo; Editing by Edmund Klamann)
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