{"id":3163,"date":"2025-05-23T10:26:32","date_gmt":"2025-05-23T10:26:32","guid":{"rendered":"https:\/\/ilovemuscat.com\/?p=3163"},"modified":"2025-05-23T10:30:43","modified_gmt":"2025-05-23T10:30:43","slug":"indias-growth-to-surge-by-0-2-to-6-4-while-chinas-projection-reduced-by-0-3-fitch-ratings","status":"publish","type":"post","link":"https:\/\/ilovemuscat.com\/index.php\/2025\/05\/23\/indias-growth-to-surge-by-0-2-to-6-4-while-chinas-projection-reduced-by-0-3-fitch-ratings\/","title":{"rendered":"India&#8217;s growth to surge by 0.2% to 6.4% while China&#8217;s projection reduced by 0.3%: Fitch Ratings"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3163\" class=\"elementor elementor-3163\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4789784 e-flex e-con-boxed e-con e-parent\" data-id=\"4789784\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-59b640f elementor-widget elementor-widget-text-editor\" data-id=\"59b640f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"82\" data-end=\"211\"><strong><em data-start=\"82\" data-end=\"96\">May 23, 2025<\/em><\/strong> \u2014 <span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">Global credit rating agency Fitch Ratings has revised its medium-term GDP growth projections, <strong>raising India&#8217;s potential growth to 6.4% while lowering China&#8217;s forecast to 4.3%<\/strong>.<\/span>\u00a0<\/p><p data-start=\"213\" data-end=\"367\"><span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">Fitch attributes India&#8217;s upward revision to a significant increase in labor force participation, which has bolstered total employment.<\/span> <span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">However, the agency notes that total factor productivity (TFP) growth is expected to moderate to its long-term average of <strong>1.5%.<\/strong><\/span><\/p><p data-start=\"369\" data-end=\"527\"><span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">Conversely, China&#8217;s downgraded projection reflects ongoing challenges in its property market and a declining labor force.<\/span> <span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">These factors contribute to a more subdued economic outlook for the country.<\/span><\/p><p data-start=\"529\" data-end=\"687\"><span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">These adjustments are part of Fitch&#8217;s broader assessment of potential GDP growth for ten emerging market economies over the next five years.<\/span> <span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\"><strong>The revised estimates underscore shifting economic dynamics,<\/strong> with India poised for stronger growth relative to China.<\/span><\/p><p data-start=\"689\" data-end=\"807\"><span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">Fitch projects India&#8217;s economy to grow at<strong> 6.4% in 2025, 6.3% in 2026, and again 6.4% in 2027<\/strong>, indicating a stable growth trajectory.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8aff2a7 e-flex e-con-boxed e-con e-parent\" data-id=\"8aff2a7\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-11c93ae elementor-widget elementor-widget-image\" data-id=\"11c93ae\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"299\" height=\"168\" src=\"https:\/\/ilovemuscat.com\/wp-content\/uploads\/2025\/05\/endd.jpg\" class=\"attachment-large size-large wp-image-3166\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-68ccb4b e-flex e-con-boxed e-con e-parent\" data-id=\"68ccb4b\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-893ba97 elementor-widget elementor-widget-text-editor\" data-id=\"893ba97\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"809\" data-end=\"967\"><span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">In contrast, China&#8217;s economic outlook has been dampened by persistent challenges in its real estate sector and a shrinking labor force.<\/span> <strong><span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">These factors have led to a more subdued growth projection of 4.3% over the medium term.<\/span><\/strong><\/p><p data-start=\"969\" data-end=\"1047\"><span class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\">These contrasting shifts underline India&#8217;s rising position as a key growth engine among emerging markets, <strong>even as policy and mobility frameworks in Europe tighten.<\/strong><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>May 23, 2025 \u2014 Global credit rating agency Fitch Ratings has revised its medium-term GDP growth projections, raising India&#8217;s potential&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[40],"tags":[],"class_list":["post-3163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/ilovemuscat.com\/index.php\/wp-json\/wp\/v2\/posts\/3163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ilovemuscat.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ilovemuscat.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ilovemuscat.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ilovemuscat.com\/index.php\/wp-json\/wp\/v2\/comments?post=3163"}],"version-history":[{"count":4,"href":"https:\/\/ilovemuscat.com\/index.php\/wp-json\/wp\/v2\/posts\/3163\/revisions"}],"predecessor-version":[{"id":3169,"href":"https:\/\/ilovemuscat.com\/index.php\/wp-json\/wp\/v2\/posts\/3163\/revisions\/3169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ilovemuscat.com\/index.php\/wp-json\/wp\/v2\/media\/3164"}],"wp:attachment":[{"href":"https:\/\/ilovemuscat.com\/index.php\/wp-json\/wp\/v2\/media?parent=3163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ilovemuscat.com\/index.php\/wp-json\/wp\/v2\/categories?post=3163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ilovemuscat.com\/index.php\/wp-json\/wp\/v2\/tags?post=3163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}