{
  "id": 12489479,
  "title": "China’s economy to slow as global growth stays solid, US think tank report says",
  "url": "https://urgent.news/2026/10/06/chinas-economy-to-slow-as-global-growth-stays-solid-us-think-tank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T22:40:48.000Z",
  "source": {
    "name": "South China Morning Post",
    "slug": "south-china-morning-post",
    "url": "https://www.scmp.com/news/china/diplomacy/article/3369965/chinas-economy-slow-global-growth-stays-solid-us-think-tank-report-says"
  },
  "original_language": "en",
  "account": "A recent report from the Peterson Institute for International Economics (PIIE) projects China's economic growth to slow further in the coming year as export strength diminishes and domestic demand remains weak. Despite global growth projected to stay solid, China's GDP is expected to expand by 4.6% this year and 4.3% in 2027, down from 5% growth in 2025. Overcapacity, the property slump, and fading exports are contributing to the slowdown in domestic demand, according to the report. Karen Dynan, a PIIE senior fellow and former senior official at the US Treasury Department, presented the outlook at an event in Washington, noting that China's weak demand is the main concern. The report's projection is slightly higher than the 4.5% growth predicted in April, but the outlook has shifted as the spring report highlighted China's export boom, while emphasizing weak domestic demand as the main drag. Dynan expects China's export boom to fade as trade restrictions increase, further weakening the economy. The forecast aligns with official data from China's National Bureau of Statistics, which recorded 5% growth in the first quarter, surpassing expectations and keeping China on track to meet its full-year growth target without near-term stimulus. However, growth slowed to 4.3% in the second quarter, marking the slowest quarterly expansion since late 2022. Overall, the report maintains that global growth remains relatively robust, with the US Federal Reserve expected to raise interest rates multiple times in the coming months due to inflation concerns.",
  "summary": "China’s economic growth is expected to slow further next year as export strength fades and weak domestic demand persists, even as the global economy remains resilient, according to a new outlook from the Peterson Institute for International Economics (PIIE). The Washington-based think tank projects China’s GDP will grow 4.6 per cent this year and 4.3 per cent in 2027, down from 5 per cent growth…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Reuters Business via SCMP",
        "title": "China’s economy to slow as global growth stays solid, US think tank report says",
        "url": "https://urgent.news/2026/10/06/chinas-economy-to-slow-as-global-growth-stays-solid-us-think-tank-12490775",
        "published": "2026-10-06T22:40:48.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}