Due to escalating trade tensions and rising US tariffs, Goldman Sachs forecasts a 5% decline in Chinese exports in 2025 and 2026.
Bank analysts say a quick resolution to the trade dispute is unlikely and expect U.S. tariffs to significantly impact China's exports.
Despite a possible reorientation of trade flows through Southeast Asia, Goldman Sachs also foresees a slight contraction in China's trade surplus.
*Goldman SachsGroup, "Goldman SaxonGroup" is a bank in the USA and one of the largest investment banks in the world, which is a financial conglomerate, known among financiers as "The Firm"
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