Standard Chartered raises China 2025 GDP growth forecast to 4.8% from 4.5%

BEIJING (Reuters) – Standard Chartered on Wednesday revised its 2025 economic growth forecast for China to 4.8% from 4.5%, given “stronger-than-expected” real activity performance in the first two months and the March PMI survey.

The bank said China’s real gross domestic product growth likely moderated to 5.2% year-on-year in the first quarter from 5.4% in the fourth quarter last year.

(Reporting by Ellen Zhang and Ryan Wo; Editing by Christopher Cushing)