In Hong Kong, U.S. investment bank Goldman Sachs has adjusted its predictions for China's GDP growth rate for 2025 to 4% and for 2026 to 3.5%, down from its earlier forecasts of 4.5% and 4.0%, respectively. The revision was made due to the impact of tariffs on the economy. The information was reported by Farah Master and the Beijing newsroom, and edited by Clarence Fernandez.