China economy in 2025 World Bank Report on Chinese GDP declined next year but revise for 2024

China economy in 2025 World Bank Report on Chinese GDP declined next year but revise for 2024

The World Bank has told how the next year i.e. 2025 is going to be for China, the world’s second largest economy. The World Bank has revised China’s Gross Domestic Product (GDP) growth for 2024. On Thursday (December 26, 2024), the bank has increased the GDP growth rate for 2024. In June, it was said that China’s GDP is expected to grow by 4.8 percent this year, which has now been increased to around 5 percent. At the same time, it is predicted to decrease in 2025. However, the World…

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