The International Monetary Fund (IMF) has revised its growth forecast for China’s economy, projecting a 4.8% expansion in 2025, up 0.3 percentage points from its earlier estimate. This optimistic outlook comes despite global economic headwinds, including escalating trade tariffs and potential downturns in the technology sector. The IMF’s World Economic Outlook, released during the annual IMF/World Bank autumn meetings, also highlighted a slowdown in global growth, with projections of 3.2% for 2025 and 3.1% for 2026, marking a cumulative downgrade of 0.2 percentage points from previous forecasts. China’s resilience is attributed to robust domestic consumption, fiscal expansion, and strategic trade redirection to Asia and Europe. Premier Li Qiang emphasized the importance of counter-cyclical adjustments, policy support, and reforms to sustain economic momentum. Meanwhile, the U.S. economy is expected to grow at a slower pace of 2% in 2025, down from 2.2% in 2024, due to policy uncertainty and higher trade barriers. IMF Economic Counselor Pierre-Olivier Gourinchas warned that while the immediate impact of tariffs has been limited, their long-term effects could lead to efficiency losses and supply chain disruptions. He also cautioned against the risks of a technology sector downturn, reminiscent of the dot.com bubble, which could trigger a global slowdown. Despite these challenges, resolving policy uncertainty and fostering stable trade agreements could provide a significant boost to global output.