GDP
China's GDP surpasses 140 trillion yuan in 2025
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Official data from the National Bureau of Statistics shows China's GDP grew 5 percent year-on-year in 2025, reaching 140.19 trillion yuan and surpassing the 140 trillion yuan threshold for the first time. Carbon dioxide emissions per unit of GDP fell 5 percent, while air quality continued to improve.
China's first batch of hard economic activity data for 2026 exceeded downbeat forecasts, reports Seeking Alpha. Analysts note more work is required to support domestic growth amid rising inflation risks.
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India's economy could face challenges from the West Asia conflict, which may impact oil prices and overall growth. According to Crisil Intelligence, real GDP growth is expected to reach 7.1 percent in FY27, driven by consumer spending and investment. Exports are anticipated to increase, while retail inflation might climb to 4.3 percent.
China's manufacturing powerhouse Guangdong has lowered its 2026 GDP growth target to 4.5%-5% after missing the previous year's goal. Governor Meng Fanli announced this during the opening of the Guangdong provincial people’s congress. The adjustment signals challenges from the property sector drag and global headwinds.
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South Korea's gross domestic product grew 1 percent in 2025 from the previous year, according to Bank of Korea data, but the fourth quarter saw an unexpected 0.3 percent contraction. Strong exports drove the annual figure despite weakness in construction. This marks half the 2 percent expansion of 2024.
After the central economic work conference, analysts said the fiscal deficit ratio is likely to stay at this year’s record 4 per cent in line with ‘targeted’ spending. Officials called for maintaining a “necessary deficit size, total debt and expenditure volume” in a statement issued after the annual meeting ended on Tuesday. The December gathering typically sets the broad agenda for economic work in the coming year.
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India recorded an 8.2% GDP growth in the second quarter, driven by strong manufacturing and services sectors. However, the International Monetary Fund has assigned a 'Grade C' to the country's national income accounting practices, highlighting structural weaknesses. This assessment underscores questions about the long-term sustainability of the growth amid uneven sectoral performance.
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