Standard Chartered raises China 2026 GDP growth forecast to 4.6%
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A view shows cranes in front of the skyline of the Central Business District (CBD) in Beijing, China, October 18, 2021. REUTERS/Thomas Peter
BEIJING, Dec 1 (Reuters) - Standard Chartered revised its forecast for China's 2026 gross domestic product growth to 4.6% from 4.3%, citing the country's resilient exports and continued gains in productivity, it said in a note released on Monday.
China's exports are expected to remain competitive, aided by reduced trade tensions with the United States after both sides struck a truce, while an improvement in China's total factor productivity is likely to further support growth, the analysts said.
Standard Chartered expects the Chinese government to set a growth target for 2026 at 4.5%-5.0%, according to the note.
(Reporting by Beijing Newsroom; Editing by Christian Schmollinger)
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