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Bad news for China as the World Bank predicts GDP for 2025 to fall due to..
Vikas Mehta | Dec 27, 2024, 4:29 PM IST
In the report, it is cited that the world's second-biggest economy will face a slowdown in the coming year due to weak domestic demand and problems in the property sector. Moreover, the country's growth will be affected when US President-elect Donald Trump takes office in January. It is expected that he will increase US tariffs on Chinese goods.