UBS has revised its 2025 GDP growth forecast for China to around 4%, down from 4.5%, citing potential US tariffs under President-elect Trump and ongoing weakness in the property market. Other banks like Goldman Sachs and HSBC maintain slightly more optimistic projections between 4% and 5%. As external pressures mount, China is expected to enhance domestic demand through stimulus measures, although concrete actions have yet to be implemented.
China is witnessing a transformation in its education and elder care sectors due to a demographic crisis, with many kindergartens repurposing into senior care homes amid declining birth rates. The government is promoting a "silver economy" to support the aging population, which is expected to reach 30% over 65 by 2040, while also planning to raise the retirement age to utilize older workers and alleviate pension burdens.
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